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Sustainable Growth and Outside Financing. You"ve collected the following information about Fox, Inc.: Sales = $ 165,000 Net income = $19,000 Dividends = $4,500 Total debt = $49,000 Total equity =...

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Sustainable Growth and Outside Financing. You"ve collected the following information about Fox, Inc.:

Sales = $ 165,000

Net income = $19,000

Dividends = $4,500

Total debt = $49,000

Total equity = $72,000

What is the sustainable growth rate for the company? If it does grow at this rate, how much new borrowing wil1 take place in the coming year. assuming a constant debt equity ratio? What growth rate could be supported with no outside financing at all?

Answered Same Day Dec 29, 2021

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Robert answered on Dec 29 2021
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