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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

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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 30 percent dividend payout ratio. Income Statement Balance Sheet $16,200 Current assets $10,100 Debt Sales Costs Taxable income$ 5,800 Taxes (40%) $16,400 20,200 $36,600 10,400 Fixed assets 20,500 Equity $36,600 Total Total 2.320 $3,480 Net income What is the internal growth rate? Input area: Sales Costs Taxable income Taxes Net income Current assets Fixed assets Total Debt Equity S Total S- Payout ratic Tax rate Output area: Return on assets Retention ratio Internal growth rate #DIVO' 100%

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