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Income statement ($ million) Sales 21 Costs 16.8 Net income 4.2 Balance sheet ($ million) Current assets 13 Fixed assets 52 Total assets 65 Debt

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Income statement ($ million) Sales 21 Costs 16.8 Net income 4.2 Balance sheet ($ million) Current assets 13 Fixed assets 52 Total assets 65 Debt 19.5 Equity 45.5 Total 65 Sales, assets and costs are expected to grow by the same rate next year. The company is expected to pay NO dividends next year. IB-Attempt 2/10 for 7 pts. Part 1 What is the internal growth rate? 3+ decimals Submit Part 2 IB Attempt 1/10 for 10 pts. What is the sustainable growth rate? 3+ decimals

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