5 points (Extra Credit) SHOP arw .pr QUESTION 21 Given the financial statements below for Dragonfly Enterprises, what would be the nemal growth rale (IGR if the company decided to change the dividend payout rate to 56.85? Enter your newer as the nearest tenth of a percentag. 12.3), but do not include the sign. Dragonfly Enterprises Income Statement is Million) 2011 Sales Cost of Gixids Sold Selling, General, & Admin Exp. Depreciation Earnings Before Interest & Taxes Interest Expense Taxable Income Taxes at 40% Net Licou 370 226 62 20 6Z 12 50 20 30 2010 10 2011 10 5) Balance Sheets as of 12-31 Assets Cash Account Receivable Toventory Total Current Assets Nct Fixed Assets Total Assets 46 43 99 105 193 100 Liabilities and Owners Equity Accounts Payable Notes l'ayable Total Curteot Linbilities Lammg Term Debt Common Stock Retnined Earrintre 2010 25 0 26 1461 201t 30 D 30 150 22 22 Question Completion Status: 220 20 COSTOT GOOas Soja Selling General, & Admin Exp Depreciaticin Earnings Before Interest & Taxes Interest Expense Taxable income Taxes at 40% Net Income 62 12. 50) 20 30 2010 2011 10 10 46 Balance Sboets as of 12-3! Assets Cash Accouut Roocivable Inventory Total Current Assets Net Fixed Assets Total Anes SO 45 43 99 166 265 105 195 300 2011 30 Liabilitics and Owneus Equity Accounts Payable Notes l'ayable Total Currcot Linbilities Lamy Term Debt Common Stock Retnined Enrings Total Liah, and Others Equity 2010 26 0 26 1421 22 77 D 30 150 22 98 265 300