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The most recent financial statements for Bello Co. are shown here: Income Statement Sales Costs Taxable alance Sheet $20,700 Current $12,060 Debt 16,780 14,200 Fixed

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The most recent financial statements for Bello Co. are shown here: Income Statement Sales Costs Taxable alance Sheet $20,700 Current $12,060 Debt 16,780 14,200 Fixed assets 34,200 Equity 29,480 assets 6,500 Total $46.260 Total $46.260 income Taxes (24%) 1,560 Net income $ 4,940 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. What is the internal growth rate? (Do not round Intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g. 32.16.) Internal growth rate 0.201 %

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