12. The Tapley Company is trying to determine an acceptable growth rate in sales. While the firm wants to expand, it does not want to use any external funds to support such expansion due to the particularly high interest rates in the market now. The firm gathered the following data what is the maximum growth rate it can sustain without requiring additional funds? * Total assets = $120,000. Profit margin = 10%. Dividend payout ratio = 50%. Current sales = $100,000. Spontaneous liabilities = $10,000. a. 3.6% b. 4.8% O c. 5.2% d. 6.1% e. 5.7%