Question $17$

$\frac{0}{4}$ points

DWG Gaming has annual sales of $$49,000,$ depreciation of $$4,700,$ interest paid of $$600,$ cost of goods sold of $$20,700,$ taxes of $$3,705,$ and dividends paid of $$4,970.$ The firm has total assets of $$63,100$ and total debt of $$35,000.$ The firm wants to maintain a constant payout ratio but does not want to incur any additional external financing. What is the firm's maximum rate of growth in percentage?

Round the percentage number to two decimals. E$.$g$.,$ if the answer is $12\mathrm{.}3456\%,$ type $12\mathrm{.}35,$ and not $0\mathrm{.}1235.$

Answer: