Youve collected the following information about Odyssey, Inc.: Sales = $165,000 Net income = $14,800 Dividends =
Question:
You’ve collected the following information about Odyssey, Inc.:
Sales = $165,000
Net income = $14,800
Dividends = $9,300
Total debt = $68,000
Total equity = $51,000
What is the sustainable growth rate for the company? If it does grow at this rate, how much new borrowing will take place in the coming year, assuming a constant debt–equity ratio? What growth rate could be supported with no outside financing at all?
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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