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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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