Youve collected the following information about Erna, Inc.:

Sales	=		$	340,000
Net income	=		$	18,900
Dividends	=		$	7,700
Total debt	=		$	72,000
Total equity	=		$	103,000

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 is 12.18%

Requirement 2:

Assuming it grows 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 is what? I got 8769.59 but it is wrong.

$

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 (I got 12.11% it is wrong)

%