Need 75 to 150 word response to question

• Bannister
  Legal Services generated $2 million in sales during 2010, and its year-end
  total assets were $1.5 million. Also, at year-end 2010, current
  liabilities were $500k, consisting of $200k in notes payable, $200k in
  accounts payable and $100k in accruals. Looking ahead at 2011, the company
  estimates that its assets must increase at the same rate as sales, its
  spontaneous liabilities will increase at the same rate as sales, its profit
  margin will be 5% and its payout ratio will be 60%. How large a sales
  increase can the company achieve without having to raise funds externally;
  that is, what is its self-supporting growth rate?

* Does not need to be any special format such as APA format but do provide reference if any is used.