Question: Save An Question 13 1 points Company A has total assets in this year is $50 and debt is $20. This year's sales is $100
Save An Question 13 1 points Company A has total assets in this year is $50 and debt is $20. This year's sales is $100 and costs of goods sold is $90. Assume that tax rate is 0%. Suppose that this company plans to payout 60% of its net income. How much debt will the company need to raise if it wants to grow at the sustainable growth rate? $23.08 $3.08 $0 $7.69 $10
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