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The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $4,900 $5,208 Debt $10,413 Current assets Fixed -assets Costs

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The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $4,900 $5,208 Debt $10,413 Current assets Fixed -assets Costs 3,234 12,751 Equity 7,546 $1,666 Total $17,959 Total $17,959 Taxable income Taxes (23%) Net income 383 $1,283 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 34 percent dividend payout ratio. What is the internal growth rate? Multiple Choice 12.64% 4.95% 5.05%

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