need #7

6. Calculating Internal Growth [LO3] The most recent financial statements for X Bello Co. are shown here: Income Statement Sales $18.900 Current assets Costs 12.800 Fixed assets Taxable income $ 6.100 Total Taxes (21%) 1.281 Net income $ 4,819 Balance Sheet $11.700 Debt 26.500 Equity $38,200 Total $15.700 22,500 $38.200 Assets and costs are proportional to sales. Debt and equity are not. The company main- tains a constant 30 percent dividend payout ratio. What is the internal growth rate? 7. Calculating Sustainable Growth [LO3] For the company in Problem 6, what is the sustainable growth rate