Question: Net Current Assets = $ 1 0 0 Net Fixed Assets = $ 2 0 0 Long Term Debt = $ 1 5 0 Equity
Net Current Assets $
Net Fixed Assets $
Long Term Debt $
Equity $
Sales $
Costs $
Taxes $
Assume that costs and assets increase at the same rate as sales, but debt and equity do not. Also assume that of net income is paid out in dividends, and the firm's fixed assets are being used at FULL capacity. The tax rate is constant. If the company does not wish to issue any new equity or debt, what is the maximum growth rate in sales that they can achieve?
Keep at least decimal places for all intermediate steps. Express your final answer in percentage form with decimal places ie
Maximum Growth Rate:
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