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You've collected the following information about Fox, Inc.: 330,000 Sales Net income Dividends Total debt = = $ 18,700 $ 7,500 $70,000 101,000 = $
You've collected the following information about Fox, Inc.: 330,000 Sales Net income Dividends Total debt = = $ 18,700 $ 7,500 $70,000 101,000 = $ = Total equity Requirement 1: What is the sustainable growth rate for the company? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) Sustainable growth rate 12.47 % 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 include the dollar sign ($). 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 include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) Internal growth rate %
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