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Category > Accounting Posted 17 May 2017 My Price 5.00

Calculating Internal Growth

6.           Calculating Internal Growth   The most recent financial statements for Live Co. are shown here:

 

Sales

$17,500

Current assets

$10,400

Debt

$17,500

Costs

11,800

Fixed assets

28,750

Equity

21,650

Taxable income

$  5,700

Total

$39,150

Total

$39,150

Taxes (40%)

2,280

 

 

 

 

Net income

$  3,420

 

 

 

 

 

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external equity financing is possible. What is the internal growth rate?

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Alpha Geek
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Status NEW Posted 17 May 2017 01:05 PM My Price 5.00

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file 1495028954-1309155_1_636305561600864324_IGR.xlsx preview (11 words )
Ne-----------t i-----------nco-----------me -----------Tot-----------al -----------Ass-----------et -----------ROA-----------Int-----------ern-----------al -----------Gro-----------wth----------- ra-----------te -----------Ret-----------ain-----------tio-----------n R-----------ati-----------o(b-----------)(R-----------OA -----------* b-----------)/(-----------1-R-----------OA*-----------b) -----------
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