The most recent financial statements for Burnaby Co. are shown here: Statement of Comprehensive Income $16,400...

 

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The most recent financial statements for Burnaby Co. are shown here: Statement of Comprehensive Income $16,400 12,430 $ 3,970 1,588 $ 2,382 Statenent of Financial Position $11,200 27,800 $38, 200 Sales Costs Current assets Debt $15,700 22, 500 $38, 200 Fixed assets Equity Taxable income Total Total Taxes (40%) Net incone Assets and costs are proportional to sales. Debt and equity are not Burnaby maintains a constant 30% dividend payout ratio. No external equity financing is possible. What is the internal growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Internal growth rate The most recent financial statements for Burnaby Co. are shown here: Statement of Comprehensive Income $16,400 12,430 $ 3,970 1,588 $ 2,382 Statenent of Financial Position $11,200 27,800 $38, 200 Sales Costs Current assets Debt $15,700 22, 500 $38, 200 Fixed assets Equity Taxable income Total Total Taxes (40%) Net incone Assets and costs are proportional to sales. Debt and equity are not Burnaby maintains a constant 30% dividend payout ratio. No external equity financing is possible. What is the internal growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Internal growth rate

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Solution ROANet incomeTotal assets 23... View the full answer