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Using the information in the following table Net Income 42,641 Beginning total assets 517,416 Beginning Stockholders' Equity 298,413 Payout Ratio 4% Calculate the Internal growth

Using the information in the following table

Net Income	42,641
Beginning total assets	517,416
Beginning Stockholders' Equity	298,413
Payout Ratio	4%

Calculate the Internal growth rate

NOTE: Submit your answers with 4 decimals after the dot. Do not include the "$" sign

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