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1. The following information is available regarding XYZ Co. sales = $250,000 net income = $35,000 dividends = $10,000 total debt = $100,000 total equity

1. The following information is available regarding XYZ Co.

sales = $250,000 net income = $35,000 dividends = $10,000 total debt = $100,000 total equity = $80,000

What growth rate can be supported without outside financing?

Select one:

a. 9.75%

b. 10.23%

c. 11.75%

d. 16.13%

e. 28.13%

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