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Abbreviated financial statements for Archimedes Levers are shown in the table below. Assume sales and expenses increase by 1 2 % in 2 0 2
Abbreviated financial statements for Archimedes Levers are shown in the table below. Assume sales and expenses increase by in and all assets and liabilities increase correspondingly. a If the payout ratio is set at and no external debt or equity is to be issued, what is the maximum possible growth rate for Archimedes? b If the payout ratio is set at and the firm maintains a fixed debt ratio but issues no equity, what is the maximum possible growth rate for Archimedes? Note: For all requirements, do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
Abbreviated financial statements for Archimedes Levers are shown in the table below. Assume sales and expenses increase by in
and all assets and liabilities increase correspondingly.
a If the payout ratio is set at and no external debt or equity is to be issued, what is the maximum possible growth rate for
Archimedes?
b If the payout ratio is set at and the firm maintains a fixed debt ratio but issues no equity, what is the maximum possible
growth rate for Archimedes?
Note: For all requirements, do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
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