FIN 370 Week 1 Questions and Problem Set (Solutions) Homework | Page 3

6. Calculating Internal Growth The most recent financial statements for Schenkel Co. are shown here:
Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate? concile them. What is the plug variable here?
Format ​your assignment consistent with APA guidelines if submitting in Microsoft​ ® ​ Word.