Intro Your company's most recent income statement and balance sheet are given below: Income statement Balance sheet ($ million) ($ million) Sales 16 Current assets 11.4 Costs 12.8 Fixed assets 45.6 Net income 3.2 Total assets 57 Debt 17.1 Equity 39.9 Total 57 Sales, assets and costs are expected to grow by the same rate next year, while debt will stay constant. The company expects to pay out 50% of net income as dividends. Intro Your company's most recent income statement and balance sheet are given below: Income statement Balance sheet ($ million) ($ million) Sales 16 Current assets 11.4 Costs 12.8 Fixed assets 45.6 Net income 3.2 Total assets 57 Debt 17.1 Equity 39.9 Total 57 Sales, assets and costs are expected to grow by the same rate next year, while debt will stay constant. The company expects to pay out 50% of net income as dividends