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QUESTION 21 Giver the financial Statemerits below for Dragonfly Enterprises, what would be the internal growth rate (GR) if the company decided to change the
QUESTION 21 Giver the financial Statemerits below for Dragonfly Enterprises, what would be the internal growth rate (GR) if the company decided to change the dividend payout rate to 57.69%? Enter your answer as the nearest tenth of a percent(e.g.. 12.3), but do not include the sign Dragonfly Enterprises Income Statement ($ Million) 2011 370 226 62 Sales Cast af xids Sarki Selling, General, & Admin Exp Depreciation Earnings Before Interest & Taxes Interest Expense Taxable income Taxes at 40% Net Income 20 62 12 50 20 30 2010 10 2011 10 SO Tulance Sheets of 12-31 Assets Cuxh Account Receivable Inventory Total Current Assets Net Fixed Assets Total Assets 99 166 265 45 105 195 300 2010 26 2011 30 0 Liabilities and Owners Equity Accounts Payable Notes Puyable Total Current Liabilities Long-Term Debt Common Stock Retained Earnings Total Liab. and Owners Equity 30 ISO D 26 140 22 77 265 22 98 300
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