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The most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet Sales $94,800 Current assets $35,000 Debt $ 45,600 Costs

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The most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet Sales $94,800 Current assets $35,000 Debt $ 45,600 Costs 67.950 Fixed assets 95,000 Equity 84,400 Taxable income $ 926,850 Total 130,000 $ Total $130,000 Tax (22%) 5,907 Net Income $ 20,943 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 45 percent dividend payout ratio. No external financing is possible What is the ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) X Answer is complete but not entirely correct. ROA 24.81 X % What is the internal growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Internal growth 15.80 X % rate

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