Question: Accept My courses Midterm Part 1 Bling sells electronics online. Year 2020 Income Statement and ending Balance Sheet are given below: Income Balance sheet statement

Accept My courses Midterm Part 1 Bling sells
Accept My courses Midterm Part 1 Bling sells electronics online. Year 2020 Income Statement and ending Balance Sheet are given below: Income Balance sheet statement ($ million) ($ million) Current Sales 800 1,446 Debt 723 assets Fixed Costs 720 964 Equity 1,687 assets Net Total 80 2,410 Total 2,410 income assets Going into 2021, the expectations are: sales, costs and current assets will grow by a same rate; fixed assets will stay unchanged; will pay NO dividends; will keep debt level unchanged. Part 1 | Attempt 1/2 for 10 pts. An existing shareholder commits additional $100 paid-in-capital in 2021 (EFN=100), then what will be the growth rate? 3+ decimals Submit Part 2 Attempt 1/2 for 10 pts. Everything else follows from Intro and Part 1, except the last expectation now is "will keep the debt-equity ratio unchanged", then what will be the growth rate? 3+ decimals

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