The most recent financial statements for Bello Company are shown here: Income Statement Sales $3,400...
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Finance
The most recent financial statements for Bello Company are shown here: Income Statement Sales $3,400 Costs 2,244 Taxable $1,156 income Taxes (24%) 277 Net income $ 879 Balance Sheet Current assets $3,614 Debt Fixed assets 8,848 Equity $ Total Total 12,462 $ 7,226 5,236 $ 12,462 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 38 percent dividend payout ratio. What is the internal growth rate
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