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Youve collected the following information about Fox, Inc.: Sales = $ 320,000 Net income = $ 18,500 Dividends = $ 7,300 Total debt = $

Youve collected the following information about Fox, Inc.:

Sales = $ 320,000
Net income = $ 18,500
Dividends = $ 7,300
Total debt = $ 68,000
Total equity = $ 99,000

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 %

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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