Pertain to the financial data of Anycorp, Inc., which recently hired you as Controller. Anycorp has been experiencing rapid growth and is negotiating with EasyBank for a new larger line of credit. The CEO has asked you to determine if this is a good idea. 

Your initial analysis indicates the actual growth rate for Anycorp was 12% and 22% for the last two years and the sustainable growth rate was 15% and 25% for those same years. Based on this information, you conclude: 

A. Anycorp is growing way too fast and will probably grow broke" 

B. Anycorp is growing fast, but is still able to fund this growth internally.

C. Anycorp should increase its prices to slow growth.

D. Anycorp should find ways to increase its sustainable growth rate.

Answer rating: 100% (QA)

Correct answer A Anycorp is growing way too fast and will probably grow broke Explanation In this c... View the full answer