Question: QUESTION 13 Using the information in the following table Net Income 55,606 Beginning total assets 363,131 Beginning Stockholders' Equity 298,473 Payout Ratio 56% Calculate the

QUESTION 13

  1. Using the information in the following table

    Net Income 55,606
    Beginning total assets 363,131
    Beginning Stockholders' Equity 298,473
    Payout Ratio 56%

    Calculate the Internal growth rate

    NOTE: Submit your answers with 4 decimals after the dot. Do not include the "$" sign

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