2. The most recent financial statements for Throwing Copper Co. are shown here: Income Statement Balance Sheet Current Assets Sales $42,000.00 $25,000.00 Long-term debt $51,000.00 Net Fixed Assets Costs $28,500.00 $82,000.00 Equity $56,000.00 Taxable income $13,500.00 Taxes (34%) $4,590.00 Total Assets Net Income $8,910.00 $107,000.00 Total $107,000.00 Assets and costs are proportional to sales. The company maintains a constant 30 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales that can be sustained assuming no new equity is issued? (sustainable growth rate) SGR = 12.54% 2. The most recent financial statements for Throwing Copper Co. are shown here: Income Statement Balance Sheet Current Assets Sales $42,000.00 $25,000.00 Long-term debt $51,000.00 Net Fixed Assets Costs $28,500.00 $82,000.00 Equity $56,000.00 Taxable income $13,500.00 Taxes (34%) $4,590.00 Total Assets Net Income $8,910.00 $107,000.00 Total $107,000.00 Assets and costs are proportional to sales. The company maintains a constant 30 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales that can be sustained assuming no new equity is issued? (sustainable growth rate) SGR = 12.54%