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Question 27

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\quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad Hard Knock Doors
\quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad Selected financial information ($ thousands)
200820092010201120122013 Sales $477.84$491.62$706.52$792.01$876.52$1,088.46 Net income 43.2726.3128.5834.8425.76 Total assets 477.06648.42664.26697.16982.63 Equity 346.32372.63400.41433.60457.14 Dividends 0.801.652.22\begin{array}{lcrrrrr}&2008&2009&2010&2011&2012&2013\\\hline\text { Sales } & \$ 477.84 & \$ 491.62 & \$ 706.52 & \$ 792.01 & \$ 876.52 & \$ 1,088.46 \\\text { Net income } & - & 43.27 & 26.31 & 28.58 & 34.84 & 25.76 \\\text { Total assets } & - & 477.06 & 648.42 & 664.26 & 697.16 & 982.63 \\\text { Equity } & - & 346.32 & 372.63 & 400.41 & 433.60 & 457.14 \\\text { Dividends } & - & - & - & 0.80 & 1.65 & 2.22 \\\hline\end{array}
-Please refer to the selected financial information for Hard Knock Doors above.Do you think Hard Knock Doors is having a problem financing its growth? If so,what is it doing to address the problem?

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Hard Knock's actual growth has...

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