1. Abbreviated financial statements for Archimedes Levers are shown on the next page. If sales increase by 10% in 2011 and all other items, including debt, increase correspondingly, what must be the balancing item? What will be its value?
2. What is the maximum possible growth rate for Archimedes if the payout ratio is set at 50% and ( a ) no external debt or equity is to be issued? ( b) the firm maintains a fixed debt ratio but issues no equity?
No comments:
Post a Comment