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Problem 3-43 Sustainable Growth and Outside Financing [LO 3] You've collected the following information about Ena, Inc.: $305,000 = $ 18,200 Sales Net income Dividends
Problem 3-43 Sustainable Growth and Outside Financing [LO 3] You've collected the following information about Ena, Inc.: $305,000 = $ 18,200 Sales Net income Dividends Total debt Total equity 7,000 $65,000 - 96,000 What is the sustainable growth rate for the company? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate Assuming it grows 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 answer to 2 decimal places, e.g., 32.16.) Additional borrowing What growth rate could be supported with no outside financing at all (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Growth rate
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