Question: please explain how to get answer, use formula Question 14 (1 point) A firm has $40 million in total equity and $20 million of total

please explain how to get answer, use formula

Question 14 (1 point) A firm has $40 million in total equity and $20 million of total liabilities at the beginning of the year. Its net income is projected to be $10 million. It pays dividends of 20% of net income. What will be the firm's internal growth rate? 3.33% 20.00% 13.33% 15.70% 14.10%

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