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The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Current Sales $4,300 $4,570 Debt $9,138 assets Fixed Costs 2,838
The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Current Sales $4,300 $4,570 Debt $9,138 assets Fixed Costs 2,838 11,190 Equity 6,622 -assets $1,462 Total $15,760 Total $15,760 Taxable income Taxes (24%) Net income 351 $1,111 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 26 percent dividend payout ratio. What is the internal growth rate? Multiple Choice 5.6% o 5.4% 14.18% 5.5% 1.87%
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