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Shinedown, Inc., wishes to maintain a growth rate of 14 percent per year and a debtequity ratio of .4. Profit margin is 7.2 percent, and

Shinedown, Inc., wishes to maintain a growth rate of 14 percent per year and a debtequity ratio of .4. Profit margin is 7.2 percent, and the ratio of total assets to sales is constant at 1.69.

What dividend payout ratio is necessary to achieve this growth rate under these constraints? (Do not be surprised if your answer is negative. A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

What is the maximum growth rate possible? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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