Question: begin { tabular } { | l | l | l | l | } hline multicolumn { 2 } { |
begintabularllllhline multicolumnlWintergreen Inc. Income Statement for the Present Year & multicolumnchline multicolumncNet sales & multicolumnr$hline multicolumncCosts & & $hline multicolumncTaxable income & & $hline multicolumncTaxes & & $hline multicolumncNet income & & $hline Wintergreen, Inc. Balance Sheet for the Present Year & & & hline Cash & $ & Accounts payable & $hline Accounts receivable & $ & Notes payable & $hline Inventory & $ & Total & $hline Total & $ & Longterm debt & $hline Net fixed assets & $ & Common stock & $hline & & Retained earnings & $hline Total assets & $ & Total liabilities and equity & $hline endtabular Assets, accounts payable and costs are proportional to sales. Debt and equity are not. Sales of Wintergreen, Inc. are expected to increase by next year. Wintergreen is currently operating at of capacity. The plowback ratio is What is the
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