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Assuming capital intensity ratio =0.3 is a constant. Sales on 12/31/2021 income statement =$1,000M Net Income on 12/31/2021 income statement =$100M Retention ratio =20% Payable

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Assuming capital intensity ratio =0.3 is a constant. Sales on 12/31/2021 income statement =$1,000M Net Income on 12/31/2021 income statement =$100M Retention ratio =20% Payable + Accruals on 12/31/2021 balance sheet =$200M g= target growth rate in sales =10% What is the self supporting growth rate in 2022? 10% 20% 25% 30%

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