Consider the following financial figures Net Current Assets = $100 Net Fixed Assets = $200 Long Term Debt = $150 Equity = $150 Sales = 51000 Costs = $800 Taxes = 568 Assume that costs and assets increase at the same rate as sales, but debt and equity do not. Also assume that 80% of net income is paid out in dividends, and the firm's fixed assets are being used at FULL capacity. The tax rate is constant. If the company does not wish to issue any new equity or debt what is the maximum growth rate in sales that they can achieve? (Choose closest answen A 0% B. 21.36% C. 15.38% D. 16.67% E. 9.659 Refer to the financial statements for Stone Roses, found in the PDF attachment below. Suppose that the firm retains 60% of net income, but does not raise any other equity capital. Assume that assets and costs vary directly with sales, but other accounts do not. If the firm wishes to maintain a constant debt-equity ratio, what is the maximum dollar increase in sales that the firm can achieve? D Stone Roses.pdf 139 KB A. $88 B. $429 C. $249 D. $371 E. $1171 Reset Selection Mark for Review What's This? Consider the following financial figures Net Current Assets = $100 Net Fixed Assets = $200 Long Term Debt = $150 Equity = $150 Sales = 51000 Costs = $800 Taxes = 568 Assume that costs and assets increase at the same rate as sales, but debt and equity do not. Also assume that 80% of net income is paid out in dividends, and the firm's fixed assets are being used at FULL capacity. The tax rate is constant. If the company does not wish to issue any new equity or debt what is the maximum growth rate in sales that they can achieve? (Choose closest answen A 0% B. 21.36% C. 15.38% D. 16.67% E. 9.659 Refer to the financial statements for Stone Roses, found in the PDF attachment below. Suppose that the firm retains 60% of net income, but does not raise any other equity capital. Assume that assets and costs vary directly with sales, but other accounts do not. If the firm wishes to maintain a constant debt-equity ratio, what is the maximum dollar increase in sales that the firm can achieve? D Stone Roses.pdf 139 KB A. $88 B. $429 C. $249 D. $371 E. $1171 Reset Selection Mark for Review What's This