Question
Youve collected the following information about Odyssey, Inc.: Sales $ 220,000 Net income $ 14,800 Dividends $ 9,400 Total debt $ 88,000 Total equity $
Youve collected the following information about Odyssey, Inc.:
| Sales | $ | 220,000 | |
| Net income | $ | 14,800 | |
| Dividends | $ | 9,400 | |
| Total debt | $ | 88,000 | |
| Total equity | $ | 66,000 |
What is the sustainable growth rate for the company?
| If it does grow at this rate, how much new borrowing will take place in the coming year, assuming a constant debtequity ratio? |
What growth rate could be supported with no outside financing at all?
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Million Air Exclusive Strategies For Pilots To Build Significant Wealth
Authors: Andy Garrison
1st Edition
1541383095, 978-1541383098
