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The most recent financial statements for Bello Company are shown here: Income Statement Balance Sheet Sales $3,500 Current assets $ 3,720 Debt $ 7,438 Costs
The most recent financial statements for Bello Company are shown here: Income Statement Balance Sheet Sales $3,500 Current assets $ 3,720 Debt $ 7,438 Costs 2,310 Fixed assets 9,108 Equity 5,390 Taxable $ $ $1,190 Total Total income 12,828 12,828 Taxes (25%) 298 Net income $ 893 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 38 percent dividend payout ratio. What is the internal growth rate? Multiple Choice 4.51%
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