Question
You've collected the following information about OG, Inc.: Sales $217544 Net income $10953 Dividends $3544 Total debt $70904 Total equity $67551 If the companygrows at
You've collected the following information about OG, Inc.:
Sales $217544
Net income $10953
Dividends $3544
Total debt $70904
Total equity $67551
If the companygrows at thesustainable growth rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio? (round 2 decimal places)
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MIS Management Information Systems
Authors: Hossein Bidgoli
8th edition
978-1337406932, 1337406937, 978-1337406925, 1337406929, 978-0357004357
