Assuming the following ratios are constant, Total asset turnover 11 2.00 Profit margin = 8% Equity multiplier II 1.50 Pay-out ratio 60% A. What is the sustainable growth rate? (4 marks) B. What is the internal growth rate? (4 marks) C. What is the difference between the above two rates in terms of meaning, assumption and application? Discuss. (6 marks)