Assume the following ratios are constant.

Total asset turnover $=2\mathrm{.}22$

Profit margin $,=5\mathrm{.}0\%$

Equity multiplier $,=1\mathrm{.}69$

Payout ratio $,=47\%$

What is the sustainable growth rate? $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Sustainable growth rate

$\%$