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Levine, Inc., has an ROA of 6.3 percent and a payout ratio of 47 percent. What is its internal growth rate? (Do not round intermediate

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Levine, Inc., has an ROA of 6.3 percent and a payout ratio of 47 percent. What is its internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16) Answer is complete but not entirely correct. Internal growth rate 9.90 5 10 points Wims, Inc., has sales of $18.2 million, total assets of $13.2 million and total debt of $4 million. The profit margin is 10 percent. a. What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.). b. What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) eBook Hint Print References Net income b. ROA ROE 13.78% c 19.78 % 6 The most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet $95,400 Current Sales $ 35,500 Debt $ 46,200 assets Fixed assets 84,600 Costs 68,250 95,300 Equity 10 points eBook Total Taxable income $ 27,150 $130,800 Total $130,800 Hint Print Tax 6,245 References Net Income $20,905 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external equity financing is possible What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 3216.) Sustainable growth rate %

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