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Your company's most recent income statement and balance sheet are given below: Income statement Balance sheet ($ million) ($ million) Sales 21 Current assets 14
Your company's most recent income statement and balance sheet are given below: Income statement Balance sheet ($ million) ($ million) Sales 21 Current assets 14 Debt 21 Costs 16.8 Fixed assets 56 Equity 49 Net income 4.2 Total assets 70 Total 70 The company pays out 30% of net income as dividends. Part 1 What is the internal growth rate? 4+ decimals Save Attempt 1/1
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