If it does grow at this rate how much new borrowing will


You've collected the following information about Draiman, Inc.:

Sales           $ 190,000

Net income   $ 13,600

Dividends     $ 8,800

Total debt    $ 76,000

Total equity  $ 60,000

If it does grow at this rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio?

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Financial Management: If it does grow at this rate how much new borrowing will
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