Sustainable Growth Rate Use the sustainable growth rate equations from the previous problem to answer the following questions. No Return, Inc., had total assets of $210,000 and equity of $165,000 at the beginning of the year. At the end of the year, the company had total assets of $250,000. During the year the company sold no new equity. Net income for the year was $80,000 and dividends were $49,000. What is the sustainable growth rate for the company?

What is the sustainable growth rate if you calculate ROE based on the beginning of period equity? LO.1