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New Tek Has a Sustainable Growth Rate of 11

question 108

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New Tek has a sustainable growth rate of 11.2 percent.However,the firm's managers are determined that the firm should grow by at least 20 percent next year.What must the firm do if the managers are to reach their desired level of growth for the firm?

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Definitions:

Malnutrition

A condition resulting from eating a diet in which one or more nutrients are either not enough or are too much, causing health problems.

Obesity

A medical condition characterized by excessive body fat that increases the risk of health problems such as heart disease and diabetes.

Grams

A metric unit of mass equal to one thousandth of a kilogram, used commonly in science and everyday life for measuring weight.

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