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21. Sustainable Growth and Outside Financing [LO3] You've collected the following information about Odyssey, Inc: Sales =$165,000 Net income =$14,800 Dividends =$9,300 Total debt =$68,000

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21. Sustainable Growth and Outside Financing [LO3] You've collected the following information about Odyssey, Inc: Sales =$165,000 Net income =$14,800 Dividends =$9,300 Total debt =$68,000 Total equity =$51,000 What is the sustainable growth rate for the company? If it does grow at this rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio? What growth rate could be supported with no outside financing at all

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