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The most recent financial statements for Bello Company are shown here: Income Statement Balance Sheet Sales $3,800 Current assets $4,039 Debt $ 8,076 Costs
The most recent financial statements for Bello Company are shown here: Income Statement Balance Sheet Sales $3,800 Current assets $4,039 Debt $ 8,076 Costs 2,508 Fixed assets 9,889 Equity 5,852 Taxable $ $ $1,292 Total Total income 13,928 13,928 Taxes (23%) 297 Net income $995 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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