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The most recent financial statements for Bello Co. are shown here Income Statement Balance Sheet $19,800 Current assets Sales $11,880 $16,240 Debt Costs 13,500 Fixed

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The most recent financial statements for Bello Co. are shown here Income Statement Balance Sheet $19,800 Current assets Sales $11,880 $16,240 Debt Costs 13,500 Fixed assets 30,150 Equity 25,790 Taxable $6,300 $42.030 Total $42,030 Total income 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 qrowth rate? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g. 32.16.) Current $19,800 Sales $11,880 $16,240 Debt assets Fixed assets Costs 13,500 30,150 Equity 25,790 Taxable $6,300 $42,030 $42,030 Total Total income 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? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) Internal growth rate

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