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The most recent financial statements for Bello Co. are shown here: Balance Sheet Income Statement Sales $4,600 $4,889 Debt $9,776 Current assets Fixed assets Costs
The most recent financial statements for Bello Co. are shown here: Balance Sheet Income Statement Sales $4,600 $4,889 Debt $9,776 Current assets Fixed assets Costs 3,036 11,971 Equity 7,084 $1,564 Total $16,860 Total $16,860 Taxable Income Taxes (22%) Net Income 344 $1,220 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 20 percent dividend payout ratio. What is the Internal growth rate? Multiple Choice 6.14% o 15.98% 6.04% 6.24% 1.47%
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