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The Veggie Hut has net income of $ 2 6 , 4 0 0 , total equity of $ 1 0 2 , 7 0

The Veggie Hut has net income of $26,400, total equity of $102,700, and total assets of $189,500. The dividend payout ratio is 0.30. What is the internal growth rate?
The Veggie Hut has net income of $26,400, total equity of $102,700, and total assets of $189,500. The dividend payout ratio is 0.30. What is the internal growth rate?
8.57 percent
10.81 percent
16.87 percent
7.99 percent

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