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Solve For Missing Information and find the Internal growth rate and sustainable growth rate. SHOW FORMULAS. A B C E 21% 25% 95% 1 Input
Solve For Missing Information and find the Internal growth rate and sustainable growth rate. SHOW FORMULAS.
A B C E 21% 25% 95% 1 Input 2 Trek, Inc. 3 Income Statement for 2020 4 Sales 50,000,000 5 COGS 37,000,000 6 Other expenses 5,000,000 7 Depreciation 1,800,000 8 EBIT Other Inputs 9 Interest 800,000 Tax rate 10 Taxable income Growth rate 11 Taxes (21%) Capacity Utilization 12 Net income 13 14 Dividends 1,000,000 15 Add to RE 16 17 Trek, Inc. 18 Balance Sheet as of December 2020 19 Assets Liabilities & Equity 20 Current Assets Current Liabilities 21 Cash 456,435 Accounts Payable 22 Accounts rec. 733,125 Notes Payable 23 Inventory 1,073,180 Total CL 24 Total CA 25 Long-term debt 26 27 Shareholder Equity 28 Fixed assets Common stock 29 Net PP&E 17,723,430 Retained earnings 30 Total Equity 31 32 Total Assets Total L&E 33 34 35 Calculation & Output 36 Question 1 37 Return on assets 38 Return on equity 39 Dividend payout ratio 40 Retention ratio 41 42 Internal growth rate 43 Sustainable growth rate 44 929,005 2,121,350 2,500,000 400,000 14,035,815Step by Step Solution
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