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An analyst following Chevron Corp. wants to estimate the sustainable growth rate for the company by using the DuPont model. For this purpose, the analyst

An analyst following Chevron Corp. wants to estimate the sustainable growth rate for the company by using the DuPont model. For this purpose, the analyst has compiled the following data. Assets and equity values are for the end of the year.

What's the growth rate for Chevron based on 2007 DuPond analysis breakdown? Round to 2 digits

Item 2007
Net Income 18,688
Sales 214,091
Total assets 148,786
Shareholders' equity 77,088
EPS 8.77
DPS 2.26

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