Youve collected the following information about Erna, Inc.:

Sales	=		$	275,000
Net income	=		$	19,000
Dividends	=		$	8,100
Total debt	=		$	67,000
Total equity	=		$	91,000

Requirement 1:

What is the sustainable growth rate for the company? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Sustainable growth rate

%

Requirement 2:

If it does grow at this rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Additional borrowing

$

Requirement 3:

What growth rate could be supported with no outside financing at all? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Internal growth rate

%