Below are items from recent financial statements from Moss and Mole Manufacturing: Current Balance Sheet (all numbers

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Below are items from recent financial statements from Moss and Mole Manufacturing:

Current Balance Sheet (all numbers are in thousands)
Total assets.........................................................$192,000
Stockholder’s equity.............................................$44,000
Total liabilities.....................................................$148,000
Current Income Statement
Sales....................................................................$260,000
Net income...........................................................$37,500
Dividends paid.....................................................$18,750

a. Find M&MM’s internal growth rate.

b. Find their sustainable growth rate.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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