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The most recent financial statements for Bello Company are shown here: Income Statement Balance Sheet Sales $ 3 , 6 0 0 Current assets $

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 (25%)306
Net income
$ 918
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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