Question: The most recent financial statements for Burnaby Co . are shown here: table [ [ Statement of Co , ive Incon,Statement of Financial Position

The most recent financial statements for Burnaby Co. are shown here:
\table[[Statement of Co,ive Incon,Statement of Financial Position],[Sales,$13,550,Current assets,$11,300,Debt,$15,800],[Costs,8,850,Fixed assets,27,250,Equity,22,750],[Taxable income,$ 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. Burnaby maintains a constant 20% dividend payout ratio. No external equity financing is possible.
What is the internal growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Internal growth rate %
The most recent financial statements for Burnaby

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