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please give answers as formulas!!! thank you! (using cell names) A B The most recent financial statements for Schenkel Co. are shown below. Assets and
please give answers as formulas!!! thank you! (using cell names)
A B The most recent financial statements for Schenkel Co. are shown below. Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate? Sales Costs Taxable income Taxes Net income $ 16,200 Current assets 10,400 Fixed assets 10,100 Debt 26,500 Equity $ 16,400 20,200 $ 36,600 $5,800 Total $ 36,600 Total 2,320 $ 3,480 30% 21% 12 Payout ratio 13ax rate 15 16 17 18R 19 20 21 Complete the following analysis. Do not hard code values in your calculations. Return on assets Retention ratio Internal growth rateStep by Step Solution
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