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? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))
Sustainable growth rate ____%?
If it does grow at this rate, how much new borrowing will take place in the coming year, assuming a constant debtequity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))
Additional borrowing ____$?
What growth rate could be supported with no outside financing at all? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))
Internal growth rate ____%?
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