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#6: Milotin Company is trying to determine an acceptable growth rate in sales. Due to the rising interest rates in the market now, the firm

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#6: Milotin Company is trying to determine an acceptable growth rate in sales. Due to the rising interest rates in the market now, the firm does not want to use any external funds to support its expansion. Having gathered the following data for the firm, what is the maximum growth rate in sales it can sustain without requiring external funds? - Capital Intensity ratio =1.25. - Profit Margin =12%. - Dividend Payout ratio =30%. - Current Sales =$7.5 million. - Spontaneous Liabilities =$500,000

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