Question
The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $ 19,800 Current assets $ 11,880 Debt $ 16,240
| The most recent financial statements for Bello Co. are shown here: |
| Income Statement | Balance Sheet | ||||||||||
| Sales | $ | 19,800 | Current assets | $ | 11,880 | Debt | $ | 16,240 | |||
| Costs | 13,500 | Fixed assets | 30,150 | Equity | 25,790 | ||||||
| Taxable income | $ | 6,300 | Total | $ | 42,030 | Total | $ | 42,030 | |||
| Taxes (24%) | 1,512 | ||||||||||
| Net income | $ | 4,788 | |||||||||
| Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 35 percent dividend payout ratio. |
| What is the internal growth rate? |
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Climate Finance Theory And Practice
Authors: Anil Markandya, Ibon Galarraga, Dirk Rübbelke
1st Edition
9814641804, 978-9814641807
