Long-Term Financial Planning: XYZ Corp.'s sales will grow by 10% next year. Given its current sales of $1,000,000 and a retention ratio of 60%, calculate the projected internal growth rate. Use the formula: [ Internal Growth Rate = (Retention Ratio x Return on Assets (ROA)) / (1 - (Retention Ratio x Return on Assets (ROA))) ] Note: Assume ROA is 20%