The most recent financial statements for Schenkel Co$.$ are shown here:The most recent financial statements for Schenkel Co$.$ are shown here:

Assets and costs are proportional to sales. Debt and equity are not. The company

maintains a constant $25$ percent dividend payout ratio. No external financing is possible.

What is the internal growth rate? $($Do not round intermediate calculations. Enter your

answer as a percent rounded $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$