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Sustainable growth and outside financing: Information about Odyssey Inc. Sales $ 165,000 Net Income $ 14,800 Dividends $ 9,300 Total debt. $ 68,000 Total equity

Sustainable growth and outside financing:

Information about Odyssey Inc.

Sales $ 165,000

Net Income $ 14,800

Dividends $ 9,300

Total debt. $ 68,000

Total equity $ 51,000

What is the sustainable growth rate for the company? if it does grow at this rate how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio ? what growth rate could be supported with no outside financing at all?

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