You have until 5:02 PM to complete this assignment. Intro Haier company's 2020 income statement and ending balance sheet are given below: Income statement ($ million) Sales 21 Costs 16.8 Net income 4.2 Balance sheet ($ million) Current assets 12.2 Debt 18.3 48.8 Fixed assets Total assets Equity 42.7 Total 61 61 In 2021, sales, assets and costs are expected to grow by the same rate, debt will stay unchanged, and company expects to pay out 80% of net income as dividends. Part 1 Attempt 1/3 for 10 pts. What is the particular growth rate in 2021, at which company will need no external financing? 4+ decimals Submit