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The most recent financial statements for Bello Company are shown here: Income Statement Balance Sheet Sales $4,000 Current assets $ 4,252 Debt $ 8,501
The most recent financial statements for Bello Company are shown here: Income Statement Balance Sheet Sales $4,000 Current assets $ 4,252 Debt $ 8,501 Costs 2,640 Fixed assets 10,409 Equity 6,160 Taxable $1,360 Total $14,661 Total $ 14,661 income Taxes (23%) 313 Net income $1,047 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate?
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Finance for Executives Managing for Value Creation
Authors: Gabriel Hawawini, Claude Viallet
4th edition
9781133169949, 538751347, 978-0538751346
