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Abbrelated financial statements for Archimedes Levers are shown in the table below. Assume sales and expenses increase by toxin 2019 and all assets and liabilities

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Abbrelated financial statements for Archimedes Levers are shown in the table below. Assume sales and expenses increase by toxin 2019 and all assets and liabilities increase correspondingly. Income statement Sales Costa, ineluding interest Het Income $4,000 3,500 500 19 Set assets Balance sheet. Year-End 2010 2017 13,200 32,700 Debt Equity 52,200 $2.700 Total 2018 1,200 2.000 $3,200 2017 1.033 1.667 $2,700 Total a. If the payout ratio is set at 50% and no external debt or equity is to be issued, what is the maximum possible growth rate for Archimedes? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Il growth b. If the payout ratio is set at 50% and the firm maintains a fixed debt ratio butasues no equity what is the maximum possible growth rate for Archimedes? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places) ustana gowth

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