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The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $4,100 $4,358 Debt $8,713 Current assets Fixed -assets Costs
The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $4,100 $4,358 Debt $8,713 Current assets Fixed -assets Costs 2,706 10,669 Equity 6,314 $1,394 Total $15,027 Total $15,027 Taxable income Taxes (22%) Net income 307 $1,087 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate
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