Abbreviated financial statements for Archimedes Levers are shown in the table below. Assume sales and expenses increase by 11% in 2019 and all assets and liabilities increase correspondingly.

Income Statement
Sales	$	4,200
Costs, including interest		3,600
Net income	$	600

Balance Sheet, Year-End
	2018			2017				2018			2017
Net assets	$	3,381		$	2,900		Debt	$	1,281		$	1,133
							Equity		2,100			1,767
Total	$	3,381		$	2,900		Total	$	3,381		$	2,900

a. If the payout ratio is set at 55% and no external debt or equity is to be issued, what is the maximum possible growth rate for Archimedes? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

b. If the payout ratio is set at 55% and the firm maintains a fixed debt ratio but issues no equity, what is the maximum possible growth rate for Archimedes? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)