The most recent financial statements for Bello Company are shown here:

Income Statement	Balance Sheet
Sales	$ 3,600	Current assets	$ 3,827	Debt	$ 7,651
Costs	2,376	Fixed assets	9,368	Equity	5,544
Taxable income	$1,224	Total	$ 13,195	Total	$ 13,195
Taxes (22%)	269
Net income	$ 955

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

1.92%

5.76%

5.66%

14.6%

5.56%