Question
The most recent financial statements for Live Co. are shown here: Income Statement Sales $19923 Costs $10163 Taxable Income ? Taxes (40%) ? Net Income
The most recent financial statements for Live Co. are shown here:
| Income Statement | |
| Sales | $19923 |
| Costs | $10163 |
| Taxable Income | ? |
| Taxes (40%) | ? |
| Net Income | ? |
| Balance Sheet | |||
| Current Asset | $10578 | Debt | $19914 |
| Fixed Asset | $29382 | Equity | ? |
Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 31 percent dividend payout ratio. No external financing is possible.
What is the internal growth rate (in %)?
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Process Safety Management Risk Management Planning Auditing Handbook A Checklist Approach
Authors: David Einolf, Luverna Menghini
1st Edition
086587686X, 978-0865876866
