Question
Youve collected the following information about Odyssey, Inc.: Sales $ 205,000 Net income $ 14,200 Dividends $ 9,100 Total debt $ 82,000 Total equity $
Youve collected the following information about Odyssey, Inc.: Sales $ 205,000 Net income $ 14,200 Dividends $ 9,100 Total debt $ 82,000 Total equity $ 63,000 sustainable growth rate= .0880962789(8.81%)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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Global Finance And The Macroeconomy
Authors: A. Makin
1st Edition
0333736982, 978-0333736982
