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

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Shinedown, Inc., wishes to maintain a growth rate of 12percent per year and a debt–equity ratio of.3. Profit margin is 5.2 percent,and the ratio of total assets to sales is constant at1.71. What dividend payout ratio is necessary toachieve this growth rate under these constraints? (Do not besurprised if your answer is negative. A negative answer should beindicated by a minus sign. Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
NEED TO HAVE: Payout ratio% What is the maximum growth rate possible?
(Do not round intermediate calculations and enter your answer asa percent rounded to 2 decimal places, e.g., 32.16.)

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Shinedown, Inc., wishes to maintain a growth rate of 12percent per year and a debt–equity ratio of.3. Profit margin is 5.2 percent,and the ratio of total assets to sales is constant at1.71. What dividend payout ratio is necessary toachieve this growth rate under these constraints? (Do not besurprised if your answer is negative. A negative answer should beindicated by a minus sign. Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)NEED TO HAVE: Payout ratio% What is the maximum growth rate possible?(Do not round intermediate calculations and enter your answer asa percent rounded to 2 decimal places, e.g., 32.16.)