QUESTION $14$

A firm reported a profit margin of $7\mathrm{.}5$ percent, total asset turnover of $1\mathrm{.}5$ times, debt$-$to$-$equity ratio of $0\mathrm{.}90$ times, net income of $$550,000,$ and dividends paid to common stockholders of $$100,000.$ The firm has no preferred stock outstanding. What is the firm's internal growth rate?

$3\mathrm{.}61$ percent

$10\mathrm{.}14$ percent

$5\mathrm{.}91$ percent

$11\mathrm{.}04$ percent