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Suprenuk, Inc., wishes to maintain a growth rate of 11 percent per year and a debt-equity ratio of 37. Profit margin is 4.2 percent and

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Suprenuk, Inc., wishes to maintain a growth rate of 11 percent per year and a debt-equity ratio of 37. Profit margin is 4.2 percent and the ratio of total assets to sales is constant at .80. What dividend payout ratio is necessary to achieve this growth rate under these constraints? (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.) Answer is not complete. % Payout ratio Maximum growth rate % Is a growth rate of 11 percent possible? Possible Impossible

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