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Please answer both of my questions , I am stuck on these. Thanks! QUESTION 13 The most recent financial statements for Schenkel Co. are shown

Please answer both of my questions , I am stuck on these. Thanks!image text in transcribed

QUESTION 13 The most recent financial statements for Schenkel Co. are shown here: Income Statement Balance Sheet Sales 17,700 Current assets 11,000 Debt 15.500 Costs 13.800 Fixed assets 26,500 Equity 22.000 Taxable income 3,900 Total 37.500 Total 37.500 Taxes (40%) 1.560 Net income 2.340 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 44 percent dividend payout ratio. No external financing is possible. What is the internal growth rate? NOTE - express answer in DECIMALS and calculate to at least 4 decimal places, e.g, enter 2.5324% as 0.025324 QUESTION 14 Assume the following ratios are constant: Total asset turnover is 2.2. Profit Margin is 5.4 percent, Equity Multiplier is 1.2, and Payout Ratio is 35 percent What is the sustainable growth rate? Use the Chapter 4 expression SGR = b*ROE/(1-b*ROE) Important - Calculate and enter answer to 4 decimal places, and as a decimal.. i.e. enter 12.35% as 0.1235

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