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Intro Your company's most recent income statement and balance sheet are given below: Income statement Balance sheet ($ million) ($ million) Sales 23 Current assets
Intro Your company's most recent income statement and balance sheet are given below: Income statement Balance sheet ($ million) ($ million) Sales 23 Current assets 14 Costs 18.4 Fixed assets 56 Net income 4.6 Total assets 70 Debt 21 Equity 49 Total 70 The company pays out 60% of net income as dividends. Part 1 IB | Attempt 1/10 for 10 pts. What is the internal growth rate? 0.0263 Try again Try again See solution (-2 pts.) Part 2 18 - Attempt 1/10 for 10 pts. What is the sustainable growth rate? 4+ decimals Submit
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