Given the information in the table on KXS did KXS's expansion plan call for it to grow slower or faster than its sustainable growth rate? ; The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The actual growth rate for 2019 is %. (Round to two decimal places.) Click on the icon located on the top-right corner of the data table below to copy its contents into a spreadsheet. 2018 2019 2020 2021 2022 2023 Income Statement $(000s) Sales Cost of Goods Sold EBITDA Depreciation EBIT Interest Expense Pre-tax Income Taxes Net Income $74,773 58,323 $16,450 5,506 $10,944 306 $10,638 3,723 $6,915 $88,424 68,971 $19,453 7,479 $11,974 306 $11,668 4,084 $7,584 $103,229 80,519 $22,710 7,489 $15,221 1,666 $13,555 4,744 $8,811 $119,851 93,484 $26,367 7,553 $18,814 1,666 $17,148 6,002 $11,146 $138,150 107,757 $30,393 7,595 $22,798 1,666 $21,132 7,396 $13,736 $ 158,559 123,676 $34,883 7,640 $27,243 1,666 $25,577 8,952 $16,625 Payout Ratio Additions to shareholder equity Beginning shareholder equity 30% $4,841 $5,309 74,134 $6,168 79,443 $7,802 85,611 $9,615 93,413 $11,638 103,028 Given the information in the table on KXS did KXS's expansion plan call for it to grow slower or faster than its sustainable growth rate? ; The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The actual growth rate for 2019 is %. (Round to two decimal places.) Click on the icon located on the top-right corner of the data table below to copy its contents into a spreadsheet. 2018 2019 2020 2021 2022 2023 Income Statement $(000s) Sales Cost of Goods Sold EBITDA Depreciation EBIT Interest Expense Pre-tax Income Taxes Net Income $74,773 58,323 $16,450 5,506 $10,944 306 $10,638 3,723 $6,915 $88,424 68,971 $19,453 7,479 $11,974 306 $11,668 4,084 $7,584 $103,229 80,519 $22,710 7,489 $15,221 1,666 $13,555 4,744 $8,811 $119,851 93,484 $26,367 7,553 $18,814 1,666 $17,148 6,002 $11,146 $138,150 107,757 $30,393 7,595 $22,798 1,666 $21,132 7,396 $13,736 $ 158,559 123,676 $34,883 7,640 $27,243 1,666 $25,577 8,952 $16,625 Payout Ratio Additions to shareholder equity Beginning shareholder equity 30% $4,841 $5,309 74,134 $6,168 79,443 $7,802 85,611 $9,615 93,413 $11,638 103,028