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You've collected the following information about Molino, Inc.: Sales $245,000 Net income $ 15,800 Dividends $ 9,900 Total debt $98,000 Total equity $ 71,000 a.
You've collected the following information about Molino, Inc.: Sales $245,000 Net income $ 15,800 Dividends $ 9,900 Total debt $98,000 Total equity $ 71,000 a. What is the sustainable growth rate for the company? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. 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 and round your answer to 2 decimal places, e.g., 32.16.) c. What growth rate could be supported with no outside financing at all? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. % b. Sustainable growth rate Additional borrowing Internal growth rate C. 3.62%
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