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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

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Please help with question A and B on the attached excel file

image text in transcribed 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 2.22

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