Set out below is the 2015 balance sheet for Marbell Inc..

Marbell Inc.

Balance Sheet

as at December 31, 2015

Assets Liabilities andEquity

Cash $15,500 Accounts payable$90,000

Accounts receivable90,000 Notes payable 30,000

Inventory60,000 Accrued expenses 7,500

Current assets165,500 Current liabilities 127,500

Fixed assets 60,000 Common stock 75,500

Retained earnings 22,500

Total assets $225,500 Total liabilities and equity$225,500

Sales for 2015 were $300,000.Marbell has an 8% return on sales and 70% of net income is paid out as dividends.Assuming Marbell will not increase its common shares capital, assets will increase proportional to sales, and the debt to equity ratio will not increase, how fast can Marbell grow?

A.30.00%

B.8.00%

C.7.93%

D.7.35%

E.2.40%