Shinedown, Inc., wishes to maintain a growth rate of 12 percent per year and a debt–equity...

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Finance

Shinedown, Inc., wishes to maintain a growth rate of 12 percentper year and a debt–equity ratio of .6. Profit margin is 5.4percent, and the ratio of total assets to sales is constant at1.73.

What dividend payout ratio is necessary to achieve this growthrate under these constraints? (Do not besurprised if your answer is negative. A negativeanswer should be indicated by a minus sign. Do not roundintermediate calculations and enter your answer as a percentrounded to 2 decimal places, e.g., 32.16.)
  Payout ratio -114.93%

What is the maximum growth rate possible? (Do not roundintermediate calculations and enter your answer as a percentrounded to 2 decimal places, e.g., 32.16.)
  Maximum growth rate %

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Shinedown, Inc., wishes to maintain a growth rate of 12 percentper year and a debt–equity ratio of .6. Profit margin is 5.4percent, and the ratio of total assets to sales is constant at1.73. What dividend payout ratio is necessary to achieve this growthrate under these constraints? (Do not besurprised if your answer is negative. A negativeanswer should be indicated by a minus sign. Do not roundintermediate calculations and enter your answer as a percentrounded to 2 decimal places, e.g., 32.16.) Payout ratio-114.93% What is the maximum growth rate possible? (Do not roundintermediate calculations and enter your answer as a percentrounded to 2 decimal places, e.g., 32.16.) Maximum growth rate%