Fried Foods Has Sales of $238,900,total Assets of $217,000,total Equity

Multiple Choice

Fried 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 $7,000.What is the internal growth rate?

A) 5.48 percent
B) 5.70 percent
C) 5.98 percent
D) 7.34 percent
E) 7.92 percent