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Question 2 (1 point) Based on the following information, calculate the self-supporting growth. Sales $7,560,000 Dividends Op. costs (excl. depr.) $6,750,000 Add. to RE Depreciation

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Question 2 (1 point) Based on the following information, calculate the self-supporting growth. Sales $7,560,000 Dividends Op. costs (excl. depr.) $6,750,000 Add. to RE Depreciation $300,000 Common shares EBIT $510,000 EPS Interest $140,000 DPS $370,000 Ending stock price Taxes 40% $148,000 Net income $222,000 $75,000 $147,000 500,000 $0.44 $0.15 $27.72 Assets Equity Cash A/R Inventories Total CA $30,000 $35,000 $550,000 $615,000 Liabilities A/P & accruals Line of credit Total CL $105,000 $10,000 $115,000 Net fixed assets Total assets $1,500,000 $2,115,000 Long-term debt Total liabilities Common stock $350,000 $1,400,000 Retained earnings $250,000 $1,515,000 Total common equ. $600,000

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