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value 0.00 polints You are considering investing in Annie's Eatery. You have been able to locate the following information on the firm: Total assets are

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value 0.00 polints You are considering investing in Annie's Eatery. You have been able to locate the following information on the firm: Total assets are $35.3 million, accounts receivable are 58.05 millian, ACP is 30 days, net income is 54 million, debt-to-equity is 1.8 times, and dividend payout ratio is 45 percent All sales are on credit. Annie's is considering I expected oosening its credit policy such that ACP will increase to 35 days. The change is to increase credit sales by 5 percent. Any change in accounts receivable will be offset with a No other balanoe sheet changes are expected. Annie's profit margin and dividend payout ratio will remain unchanged growth rate for current and new year and also indicate the change in these numbers. (Do not round intermediate calculations and round your final answers to 2 decimal places ) Sustainable Growth Rate Current New Change % | (Click to see References eBook & Resources Worksheet Difficulty 2 Intermediate

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