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14 The most recent financial statements for Bello Co. are shown here: Income Statement 10 points Sales $18,900 Balance Sheet Current $ 11,700 Debt assets
14 The most recent financial statements for Bello Co. are shown here: Income Statement 10 points Sales $18,900 Balance Sheet Current $ 11,700 Debt assets Fixed assets 26,500 Equity $ 15,700 22,500 Costs 12,800 Taxable income $ 6,100 Total $38,200 Total $38,200 eBook Taxes (21%) 1,281 Hint Net income $ 4,819 References Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate : %
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