What is the internal growth rate what is the


The most recent financial statements for Shinoda Manufacturing Co. are shown below: Income Statement Balance Sheet Sales $ 63,200 Current assets $ 23,000 Debt $ 39,200 Costs 45,180 Fixed assets 75,900 Equity 59,700 Taxable income $ 18,020 Total $ 98,900 Total $ 98,900 Tax (35%) 6,307 Net Income $ 11,713 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 33 percent dividend payout ratio. No external financing is possible. What is the ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROA % What is the internal growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal growth rate %

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Financial Management: What is the internal growth rate what is the
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