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Suppose a firm has following information: nSales:$245,000; NI:$17,000; Dividend:$5,800; Total Debt: $53,000; Total Equity: $84,000. What is the sustainable growth rate? If the company wants

Suppose a firm has following information:

nSales:$245,000; NI:$17,000; Dividend:$5,800; Total Debt: $53,000; Total Equity: $84,000.

What is the sustainable growth rate?

If the company wants a 20% growth rate but still maintain its debt-to-equity rate? Is this possible without issuing new equity? How much new equity need to be issued?

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