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Odyssey, Inc. Sales$220,000 Net Income $14,800 Dividends $ 9,400 Total Debt $88,000 Total Equity $66,000 What is sustainable growth rate for the company? ( Do

Odyssey, Inc.

Sales$220,000

Net Income $14,800

Dividends $ 9,400

Total Debt $88,000

Total Equity $66,000

What is sustainable growth rate for the company?

( Do not round intermediate calculations and round your final answer to 2 decimal places.)

Sustainable growth rate___

If it does grow at this rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio?

( Do not round intermediate calculations and round your final answer to 2 decimal places.)

Additional borrowing___

What growth rate could be supported with no outside financing at all?

( Do not round intermediate calculations and round your final answer to 2 decimal places.)

Internal growth rate _____

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