Question: Bussinx Corp. would like to grow without using any external funds. The company has a Debt-Equity ratio of 0.85. Bussinx obtains $83 profit from every

Bussinx Corp. would like to grow without using any external funds. The company has a Debt-Equity ratio of 0.85. Bussinx obtains $83 profit from every $1,000 sales they make. Besides, the company can create $175 sales from every $100 invested in assets. Interest rates on Bank Loans are 4% per year. Last year dividend payout ratio was 10%. What is the maximum growth rate they can achieve?

Select the most appropriate choice.

a. 4%

b. 16.99%

c. 19.22%

d. 12%

e. None of the other choices

f. 100%

g. 81%

h. 14.53%

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