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the answers are NOT a: 23.57%, b: 19.08%, c: 16.02% (this is my second time posting this question and those were the answers given at
the answers are NOT a: 23.57%, b: 19.08%, c: 16.02% (this is my second time posting this question and those were the answers given at first and they were all wrong) Gilmore, Inc., had equity of $130,000 at the beginning of the year. At the end of the year, the company had total assets of $285,000. During the year, the company sold no new equity. Net income for the year was $28,000 and dividends were $3,200. a. Calculate the internal growth rate for the company. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the internal growth rate using ROA b for beginning of period total assets. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. Calculate the internal growth rate using ROA* b for end of period total assets. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. % b. Internal growth rate ROA* b (using beginning of period assets) ROA *b (using end of period assets) % % C
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