You've collected the following information about Draiman, Inc.:
| Sales |
|
$ |
190,000 |
| Net income |
|
$ |
13,600 |
| Dividends |
|
$ |
8,800 |
| Total debt |
|
$ |
76,000 |
| Total equity |
|
$ |
60,000 |
What is the sustainable growth rate for the company? (Do not round intermediate calculations. Enter your answer as a percent rounded 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 debt-equity 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. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Internal growth rate %