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Intro Your company's most recent income statement and balance sheet are given below: Income statement (S million) Balance sheet (S million) Sales 15 Current assets
Intro Your company's most recent income statement and balance sheet are given below: Income statement (S million) Balance sheet (S million) Sales 15 Current assets 10 Debt 15 Costs 12 Fixed assets 40 Equity 35 Net income 3 Total assets 50 Total 50 Sales, assets and costs are expected to grow by the same rate next year, while debt will stay constant. The company is expected to pay NO dividends next year Attempt 2/10 for 7 pts. Part 1 What is the particular growth rate for the next year, at which company will need zero external financing (EFN-0)? What is the internal growth rate? B+ decimals Submit
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