File uploaded - need excel formulas and answers

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File uploaded - need excel formulas and answers
Answered Same DayJun 21, 2021

Answer To: File uploaded - need excel formulas and answers

Ashish answered on Jun 22 2021
138 Votes
4.10 Information
    Chapter 4 Problem 10
    a. Use the information below from Tournment Sporting Goods
's annual financial statements to calculate the actual and sustainable growth rate for each year from 2010 - 2014.
    b. Do you think Tournment Sporting Goods is having a problem financing its growth? Is the increase in dividends a good idea for the company?
    Tournment Sporting Goods ($ in thousands)
        2009    2010    2011    2012    2013    2014
    Sales    477.84    491.62    706.52    792.01    876.52    1,088.46
    Net income    - 0    43.27    26.31    38.48    44.84    25.76
    Total assets    - 0    477.06    648.42    664.26    697.16    982.63
    Equity    - 0    346.32    426.01    465.85    432.91    553.27
    Dividends    - 0    - 0    -...
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