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(0) 3.55 % 15.39 % (0) 15.89% 6.11 % 16.39% The most recent financial statements for Live Co. are shown here: Balance Sheet $32,345 Debt
(0) 3.55 % 15.39 % (0) 15.89% 6.11 % 16.39% The most recent financial statements for Live Co. are shown here: Balance Sheet $32,345 Debt $31,878 22,633 Equity 23,100 Income Statement Current Sales $15,000 assets Fixed Costs 9,000 -assets Taxable $6,000 Total income Taxes (34%) 2,040 Net income $3,960 $54,978 Total $54,978 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 20 percent dividend payout ratio. What is the fastest the company could grow while keeping the current debt-equity ratio constant and without issuing new shares? (Do not round your intermediate calculations.) HINT: You must know the difference between IGR and SGR
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