Question
The most recent financial statements for Live Co. are shown here: Income Statement Sales $17892 Costs $10081 Taxable Income ? Taxes (40%) ? Net Income
The most recent financial statements for Live Co. are shown here:
| Income Statement | |
| Sales | $17892 |
| Costs | $10081 |
| Taxable Income | ? |
| Taxes (40%) | ? |
| Net Income | ? |
| Balance Sheet | |||
| Current Asset | $11392 | Debt | $18298 |
| Fixed Asset | $28170 | Equity | ? |
Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 33 percent dividend payout ratio. No external financing is possible.
What is the internal growth rate (in %)?
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Finance Theory And Practice
Authors: Anne Marie Ward
3rd Edition
1908199482, 978-1908199485
