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The most recent financial statements for Burnaby Co. are shown here: Statement of Comprehensive Income Sales $16, 600 Costs 12,500 Taxable income $4,100 Taxes (40%)

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The most recent financial statements for Burnaby Co. are shown here: Statement of Comprehensive Income Sales $16, 600 Costs 12,500 Taxable income $4,100 Taxes (40%) 1.640 Net Income $ 2,460 Statement of Financial Position Current assets $11,800 Debt Fixed assets 28,500 Equity Total $40,300 Total $16,300 24,000 $40,300 Assets and costs are proportional to sales. Debt and equity are not Burnaby maintains a constant 25% dividend payout ratio. No external equity financing is possible What is the internal growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Internal growth rate

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