Quick Foods has sales of $238,900, total assets of $217,000, total equity of $121,300, net income of $18,700, and dividends paid of $6,000. What is the internal growth rate?
A) 5.48 percent
B) 6.22 percent
C) 6.67 percent
D) 7.34 percent
E) 7.92 percent

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The Answer of Quick Foods has sales of $238,900, total assets of $217,000, total equity of $121,300, net income of $18,700, and dividends paid of $6,000. What is the internal growth rate?
A) 5.48 percent
B) 6.22 percent
C) 6.67 percent
D) 7.34 percent
E) 7.92 percent

Quick Foods Has Sales of $238,900, Total Assets of $217,000