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Youve collected the following information about Grandview Toy Company Inc. You've collected the following information about Grandview Toy Company Inc.: (Do not round intermediate calculations.
Youve collected the following information about Grandview Toy Company Inc.
You've collected the following information about Grandview Toy Company Inc.: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) Sales Net income Dividends Total debt Total equity $ 165,000 $ 14,800 $ 9,300 $ 68,000 $ 51,000 What is the sustainable growth rate for the company? Sustainable growth rate 11.98 % If it does grow at this rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio? Additional borrowing $ 8146.4 What growth rate could be supported with no outside financing at all? Internal growth rate 4.84 %Step by Step Solution
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