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The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Current $3,300 $3,508 Debt $7,013 assets Fixed 2,178 8,587 Equity 5,082 -assets $1,122 Total $12,095 Total $12,095 Taxes (34%) 381 Net income $741 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 26 percent dividend payout ratio. No external equity financing is possible. Required: What is the internal growth rate? (Do not round your intermediate calculations.) Sales Costs Taxable income Multiple Choice O O 4.75% 4.65% 1.62% 12.09% 4.85% The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Current $18,000 $38,814 Debt $38,254 assets Fixed 10,800 27,160 Equity 27,720 -assets $7,200 Total $65,974 Total $65,974 Taxes (35%) 2,520 Net income $4,680 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 18 percent dividend payout ratio. No external equity financing is possible. Required: What is the sustainable growth rate? (Do not round your intermediate calculations.) Sales Costs Taxable income O O O O O 6.18% 3.13% 16.07% 15.57 % 16.57% If the Baseball Shoppe has an 14 percent ROA and a 16 percent payout ratio, what is its internal growth rate? (Do not round your intermediate calculations.) Multiple Choice 11.46% 13.33% 15.46% 15.19% By Multiple Choice 11.46% 13.33% 15.46% 15.19% 2.29% 14 O 0 CH