5. Calculate the sustainable growth rate for the years 2008-2012 using the prior year's financial information. Next, compare the sustainable growth with the realized sales growth rate. Interpret THE FOLLOWING FINANCIAL DATA ARE TO BE USED FOR PROBLEM 5. J. WASHAM CALCULATORS 2007 2011 $75 ASSUMPTIONS (current assets shaded) Cash & Equivalents Accounts Receivable Inventory Net Fixed Assets Total Assets 2008 $75 400 BALANCE SHEETS 2009 2010 $90 $100 600 550 350 250 610 540 $1,650 $1,440 $100 500 300 150 250 250 525 575 465 $1,050 $1,300 $1,315 Short-Term Financial Planning 365 $125 $175 162 161 165 60 (current liabilities shaded) Accounts Payable Notes Payable Accrued Operating Exp. Long-Term Debt Shareholders Equity Total Liabilities & NW 100 500 400 200 402 $1,050 $1.300 $2.250 $250 $ $225 $200 178 136 99 165 89 76 50 300 7572 890.2 890.2 $1,650 $1,440 $1,315 INCOME STATEMENTS $3,000 $2,000 $1.500 1,200 800 600 895 750 725 65 70 75 28 25 10 325 142 36 54 213 487.2 132 80 54 $1,500 600 900 600 797 Revenues (Sales) Cost of Goods Sold Operating Expenses Depreciation Interest Taxes 35 50 30 33 188 94 141 282 Net Profit Dividends 40 80 and discuss disparities between these rates