Business, 26.06.2020 15:01, vcasela

The most recent financial statements for Shinoda Manufacturing Co. are shown below: Income Statement Balance Sheet Sales $ 63,900 Current assets $ 26,500 Debt $ 42,700 Costs 44,830 Fixed assets 79,400 Equity 63,200 Taxable income $ 19,070 Total $ 105,900 Total $ 105,900 Tax (40%) 7,628 Net Income $ 11,442 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 internal growth rate

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The most recent financial statements for Shinoda Manufacturing Co. are shown below: Income Statement...