IZAX, Co. had the following items on its balance sheet at the beginning of the year:. Its net income this year is $20,200 and it pays dividends of $4,800. If its assets grew at its internal growth rate, what is its new D/E ratio? The Tax Cuts and Jobs Act of 2017 temporarily allowed 100% bonus depreciation (effectively expensing. capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems. The internal growth rate is ... %. (Round to two decimal places.)

there is three parts:

1. solve for internal growth rate

2. solve for ending final assets

3. solve for the debt to equity ratio

IZAX, Co. had the following items on its balance sheet at the beginning of the year: Its net income this year is $20,200 and it pays dividends of $4,800. If its assets grew at its internal growth rate, what is its new D/E ratio? The Tax Cuts and Jobs Act of 2017 temporarily allowed 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems. The internal growth rate is \%. (Round to two decimal places.) IZAX, Co. had the following items on its balance sheet at the beginning of the year: Its net income this year is $20,200 and it pays dividends of $4,800. If its assets grew at its internal growth rate, what is its new D/E ratio? The Tax Cuts and Jobs Act of 2017 temporarily allowed 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems. The internal growth rate is \%. (Round to two decimal places.)