Jos. A. Bank Clothiers, Inc., is a direct marketer of men’s clothing with over 800 retai...

Jos. A. Bank Clothiers, Inc., is a direct marketer of men’s clothing with over 800 retail stores in 42 states that was recently acquired by Men’s Wearhouse. Following are selected financial data for the company for the period 2006–2010.

a. Calculate Jos. A. Bank’s annual sustainable growth rate from 2006 through 2010.

b. Did Jos. A. Bank have a growth problem in these years?

c. How did Jos. A. Bank cope with its sustainable growth problems?