Fried Donuts has sales of $764,900, total assets of $687,300, total equity of $401,300, net income of $68,200, and dividends paid of $27,000.What is the internal growth rate?
A)5.48 percent
B)6.38 percent
C)5.98 percent
D)7.34 percent
E)7.92 percent

Question

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The Answer of Fried Donuts has sales of $764,900, total assets of $687,300, total equity of $401,300, net income of $68,200, and dividends paid of $27,000.What is the internal growth rate?
A)5.48 percent
B)6.38 percent
C)5.98 percent
D)7.34 percent
E)7.92 percent

Fried Donuts Has Sales of $764,900, Total Assets of $687,300