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Intro Dell Computers sells computers and related electronics online. Year 2020 Income Statement and ending Balance Sheet are given below: Income statement ($ million) Balance
Intro Dell Computers sells computers and related electronics online. Year 2020 Income Statement and ending Balance Sheet are given below: Income statement ($ million) Balance sheet ($ million) Current Sales 660 440 Debt 880 assets Costs 528 Fixed assets 1,760 Equity 1,320 Net Total 132 2,200 Total 2,200 income assets In 2021, sales, costs and total assets are expected to grow by a same rate. The company is expected to pay NO dividends and to keep its debt-equity ratio unchanged. Attempt 1/3 for 10 pts. Part 1 Company expects to have no external equity financing (EFN=0) in 2021, then what will be the growth rate? 3+ decimals
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