7. Calculating Sustamable Growth (L04) For the company in the previous problem, what is the sustainable growth rate? 8. Sales and Growth (LO2) The most recent financial statements for Cariboo Co, are shown here: Statement of Comprehensive Income Sales $ 51.000 $49,000 Current Assets 37.500 Fixed Assets $11.500 Total Statement of Financial Position $ 21000 Longterm Debt 36.000 Equity $107.000 Total 56.000 $107.000 Costs Taxable income Taxes (34%) Net Income 3.910 $ 7.590 Assets and costs are proportional to sales. The company maintains a constant 30% 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 issted