Bulla Recording, Inc., wishes to maintain a growth rate of 15 percent per year and a debt-equity ratio of . Profit margin is 7.1 percent, and the…

Bulla Recording, Inc., wishes to maintain a growth rate of 15 percent per year and a debt–equity ratio of .2. Profit margin is 7.1 percent, and the ratio of total assets to sales is constant at 1.68.

Answer: Bulla Recording, Inc., wishes to maintain a growth rate of 15 percent per year and a debt–equity ratio of .2. Profit margin is 7.1 percenWhat dividend payout ratio is necessary to…