Company wants to maintain a fixed payout rate but does not want to incur any payouts additional

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Company wants to maintain a fixed payout rate but does not want to incur any payouts additional external financing.

SLG, Inc. annual sale $40.934,

depreciation $3,100,

interest $750,

cost of goods sold $22,400,

taxes $3,084 and dividends paid $4,060.

The firm has total assets of $55,300 and total debt of $32,600.

Required:

What is the firm's maximum growth rate?

Related Book For answer-question

Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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Posted Date: Apr 29, 2023 08:56 AM

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Company wants to maintain a fixed payout rate but does not want to incur any payouts additional

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Principles Of Managerial Finance

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