Question: Problem 3-20 Calculating Internal Growth [LO 3] The most recent financial statements for Mandy Company are shown below: Assets and costs are proportional to sales.

Problem 3-20 Calculating Internal Growth [LO 3] The most recent financial statements for Mandy Company are shown below: Assets and costs are proportional

Problem 3-20 Calculating Internal Growth [LO 3] The most recent financial statements for Mandy Company are shown below: Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. No external financing is possible. What is the ROA? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. What is the internal growth rate? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16

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