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Please help with question A and B on the attached excel file Chapter 4 Problem 10 a. Use the information below from Tournment Sporting Goods's
Please help with question A and B on the attached excel file
Chapter 4 Problem 10 a. Use the information below from Tournment Sporting Goods's annual financial statements to calculate the actual and sustainable growth rate for each year from 2010 - 2014. b. Do you think Tournment Sporting Goods is having a problem financing its growth? Is the increase in dividends a good idea for the company? Sales Net income Total assets Equity Dividends Tournment Sporting Goods ($ in thousands) 2009 2010 2011 2012 2013 477.84 491.62 706.52 792.01 876.52 43.27 26.31 38.48 44.84 477.06 648.42 664.26 697.16 346.32 426.01 465.85 432.91 0.80 1.65 2014 1,088.46 25.76 982.63 553.27 2.22Step by Step Solution
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