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The most recent financial statements for Bello Co. are shown here: Income Statement Sales $3,700 Balance Sheet $3,933 Debt $7,863 Costs 2,442 Current assets Fixed
The most recent financial statements for Bello Co. are shown here: Income Statement Sales $3,700 Balance Sheet $3,933 Debt $7,863 Costs 2,442 Current assets Fixed -assets Total 9,628 Equity 5,698 $1,258 $13,561 Total $13,561 Taxable income Taxes (23%) Net income 289 $969 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 15.74% 1.45% 5.96% 6.06% 6.16%
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