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Using the information in the following table, calculate this company's: Net Income $49,700 Beginning Total Assets $407,900 Beginning Stockholders' Equity $250,400 Payout Ratio 0% a.

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Using the information in the following table, calculate this company's: Net Income $49,700 Beginning Total Assets $407,900 Beginning Stockholders' Equity $250,400 Payout Ratio 0% a. Internal growth rate. b. Sustainable growth rate. c. Sustainable growth rate if it pays out 44% 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 %. (Round to one decimal place.)

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