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Using the information in the following table, calculate this company's: Net Income Beginning Total Assets $49,600 $399,600 Beginning Stockholders' Equity Payout Ratio $249,800 0%

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Using the information in the following table, calculate this company's: Net Income Beginning Total Assets $49,600 $399,600 Beginning Stockholders' Equity Payout Ratio $249,800 0% a. Internal growth rate. b. Sustainable growth rate. c. Sustainable growth rate if it pays out 41% of its net income as a dividend. The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. a. Internal growth rate. The internal growth rate is b. Sustainable growth rate. %. (Round to one decimal place.) %. (Round to one decimal place.) The sustainable growth rate is c. Sustainable growth rate if it pays out 41% of its net income as a dividend. The sustainable growth rate, if it pays out 41% of its net income as a dividend, is %. (Round to one decimal place.)

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