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The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $4,900 Current assets $5,208 Debt $10,413 Costs 3,234
| The most recent financial statements for Bello Co. are shown here: |
| Income Statement | Balance Sheet | ||||
| Sales | $4,900 | Current assets | $5,208 | Debt | $10,413 |
| Costs | 3,234 | Fixed assets | 12,751 | Equity | 7,546 |
| Taxable income | $1,666 | Total | $17,959 | Total | $17,959 |
| Taxes (25%) | 417 | ||||
| Net income | $1,250 | ||||
| Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 36 percent dividend payout ratio. |
| What is the internal growth rate? |
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
