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The most recent financial statements for Mandy Company are shown below: Income Statement Sales Costs $ 96,000 68,550 Current assets Fixed assets Balance Sheet
The most recent financial statements for Mandy Company are shown below: Income Statement Sales Costs $ 96,000 68,550 Current assets Fixed assets Balance Sheet $ 36,000 Debt 95,600 Equity Taxable income Tax (24%) $ 27,450 6,588 Total $ 131,600 Total Net Income $ 46,800 84,800 $ 131,600 $ 20,862 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 35 percent dividend payout ratio. No external financing is possible. What is the ROA? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. ROA % What is the internal growth rate? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate %
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