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6. What is the firms sustainable growth rate? (Do not round intermediote calculetions. Enter your aniwer os a percent rounded to 1 decimal pince) b.

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6. What is the firms sustainable growth rate? (Do not round intermediote calculetions. Enter your aniwer os a percent rounded to 1 decimal pince) b. If the firm grows at its sustainable-growth rate, how thuch debt wiv be issued next year? (Do not round intermediate colculations.) c. What would be the maxumum possibie growth rate if the firm did not issues aigy debt nevtyea? (Do not round intermediate calculations. Enter your enswer as a percent rounded to 1 decimal place.) c. What would be the maximum possible growth rate if the firm did not issue any debt next year? (Do not round intermediote calculotions, Enter your answer as a percent rounded to 1 decimal place.) Plank's Plants had net income of $4,000 on sales of $70,000 last year. The firm paid a dividend of $1,480. Total assets were $200,000. of which $80,000 was financed by debt. a. What is the firm's sustainable growth rate? (Do not round intermediate colculations. Enter your answer os a percent rounded to 1 . decimal place.) b. If the firm grows at its sustainable growth rate, how much debt will be issued next year? (Do not round intermediote calculations.) c. What would be the maximum possible growth rate ir the firm did not issue any debt next year? (Do not round intermediate colculations. Enter your answer as a percent rounded to 1 decimol place.) b. If the firm grows at its sustainable growth rate. how mnuch debt will be issued next year? (Do not round intermediote calculations.) c. What would be the maximum possible growth rate if the firm did not issue any debt next year? (Do not round intermediate colculations. Enter your enswer os o percent rounded to 1 decimel ploce.)

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