Use the following data for Hookey Corp. for problems 1 and 2.
Sales = $200
Total Assets = $100
Total Liabilities = $60
Return on Assets = 8%
Dividend payout ratio = 30%
1. What should be Hookey’s internal growth rate?
2. Calculate the Dupont ratios for Hookey, Show the 1) name, 2) formula, and 3) result for each ratio and show them in branch form.