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The most recent financial statements for Live Co. are shown here: Income Statement Sales Costs Taxable Income Taxes (40%) Net Income $16648 $10670 Balance Sheet
The most recent financial statements for Live Co. are shown here: Income Statement Sales Costs Taxable Income Taxes (40%) Net Income $16648 $10670 Balance Sheet $13051 De $18645 $33789 Equity Current Asset Fixed Asset Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 29 percent dividend payout ratio. No external financing is possible. what is the internal growth rate (in %)? (Enter your answer as a percentage, omit the"%" sign in your response, and round your answer to 4 decimal places. For example, 1.23456% should be entered as 1.2346)
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