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The most recent financial information for Bens Co. is: Sales $19,700 Costs 15,250 Taxes 1,513 Net income 2,937 Current assets 3,018 Fixed assets 18,282 Debt

The most recent financial information for Bens Co. is:

Sales $19,700
Costs 15,250
Taxes 1,513
Net income 2,937
Current assets 3,018
Fixed assets 18,282
Debt 7,600
Equity 10,760

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external equity financing is possible. What is the internal growth rate?

12.91 percent
13.44 percent
10.68 percent
14.02 percent
14.14 percent

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