Carrington Office Supplies, Inc. (COS) is a financially conservative and family-owned office supply chain that has been in business for over 100 years. They would like to grow at a rate that uses only internal funding. At the end of 2022, COS's annual sales were $11.1 million with $5 million in assets. At the same time, current liabilities consisted of $0.5 million of accounts payable, $0.3 million of notes payable, and $0.3 million of accruals. The net profit margin is expected to be 5%, and the expected payout ratio is 24%. What is the self-supporting growth rate (g) of COS? (Give answer as a percent with two decimal places. E.g. 6.13% not 0.0613) Question 4 Suppose the net profit margin in the prior problem for Carrington Office Supplies, Inc., increased by 2% over the levels in that previous problem. Would the self supporting growth rate increase or decrease? Decrease Increase 10 pts It is impossible to determine based on the information in the problem.

Carrington Office Supplies, Inc. (COS) is a financially conservative and family-owned office supply chain that has been in business for over 100 years. They would like to grow at a rate that uses only internal funding. At the end of 2022 , COS's annual sales were $11.1 million with $5 million in assets. At the same time, current liabilities consisted of $0.5 million of accounts payable, $0.3 million of notes payable, and $0.3 million of accruals. The net profit margin is expected to be 5%, and the expected payout ratio is 24%. What is the self-supporting growth rate (g) of COS? (Give answer as a percent with two decimal places. E.g. 6.13\% not 0.0613) Question 4 10pts Suppose the net profit margin in the prior problem for Carrington Office Supplies, Inc., increased by 2% over the levels in that previous problem. Would the self supporting growth rate increase or decrease? Decrease Increase It is impossible to determine based on the information in the