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Intro Bling sells electronics online. Year 2020 Income Statement and ending Balance Sheet are given below: Income statement ($ million) Balance sheet ($ million) Sales

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Intro Bling sells electronics online. Year 2020 Income Statement and ending Balance Sheet are given below: Income statement ($ million) Balance sheet ($ million) Sales 800 1,494 Debt 747 Costs 720 Current assets Fixed assets Total assets 996 Equity 1,743 Net income 80 2,490 Total 2.490 Going into 2021, the expectations are: sales, costs and current assets will grow by a same rate: fixed assets will stay unchanged, will pay NO dividends; will keep debt level unchanged. Attempt 2/2 for 5 pts. Part 1 An existing shareholder commits additional $100 paid-in-capital in 2021 (EFN=100), then what will be the growth rate? 1s+decimals Submit

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