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The most recent financial statements for Barely Heroes Co are shown here: Income Statement Balance Sheet Sales $6,475 Current Assets $9000 Debt $22,000 Costs $3,981
The most recent financial statements for Barely Heroes Co are shown here: Income Statement Balance Sheet Sales $6,475 Current Assets $9000 Debt $22,000 Costs $3,981 Fixed Assets $25,000 Equity $12,000 Taxable Inc. $2,494 Total $34,000 Total $34,000 Taxes (34%) $848 Net Income $1646 Assets and costs are proportional to sales. Debt and Equity are not. Barely Heroes keeps a constant 80% of net income as retained earnings. What is the internal growth rate?
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