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Week 4: Questions 4. value 10.00 points o The most recent financial statements for Schenkel Co. are shown here: Income Statement Sales $ 17,800 Costs 13.100 Balance Sheet Current assets $11,300 Debt Fixed assets 27.250 Equity $ 15,800 22.750 Taxable income $ 4,700 Total $38.550 Total $38,550 Taxes (40%) 1,880 Net Income $ 2,820 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 20 percent dividend payout ratio. No external financing is possible. What is the internal growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) Internal growth rate Hints References eBook & Resources Hint #1 2. Type here to search 3D E