TB MC Qu$.03-19$ Internal Growth Rate Leash N Collar reported a profit margin of $...$

Internal Growth Rate Leash N Collar reported a profit margin of $9\mathrm{.}3\%,$ total asset turnover ratio of $2\mathrm{.}8$ times, debt$-$toequity ratio of $0\mathrm{.}88$ times, net income of $$530,000,$ and dividends paid to common stockholders of $$330,000.$ The firm has no preferred stock outstanding. What is Leash N Collar's internal'growth rate? $($Do not round intermediate steps.$)$

Multiple Choice

$9\mathrm{.}7527\%$

$7\mathrm{.}7536\%$

$2\mathrm{.}8402\%$