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Intro Dell Computers sells computers and related electronics online. Year 2021 Income Statement and ending Balance Sheet are given below: Income statement ($ million)
Intro Dell Computers sells computers and related electronics online. Year 2021 Income Statement and ending Balance Sheet are given below: Income statement ($ million) Sales 660 Balance sheet ($ million) Current 920 Debt 920 - assets - Fixed Costs 528 1,380 - assets - Net Total 132 2,300 income Equity 1,380 Total 2,300 - assets - In 2022, 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. Part 1 Attempt 1/3 for 10 pts. Company expects to have no external equity financing (EFN=0) in 2022, then what will be the maximum growth rate achievable? 3+ decimals Submit
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