@ Baker College | Undergraduate, ( x Financial Analysis and Application X Question 8 - M7 CONNECT Prob X Dashboard * + X C https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FImsCloseWindow.htm#/activity/question-group/... A" to ... M7 CONNECT Problems i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or Incorrect for the work you have completed so far. It does not Indicate completion. Return to questlor 8 Loreto Inc. has the following financial ratios: asset turnover = 1.60; net profit margin (1.e., net income/sales) = 6%; payout ratio = 30%; equity/assets = 0.50. 5 a. What Is Loreto's sustainable growth rate? points b. What is its Internal growth rate? (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) + x Answer is complete but not entirely correct. a. Sustainable growth rate 13.44 % % b. Internal growth rate 7.20 * % Activate Windows Go to Settings to activate Windows. Mc Hill Type here to search 1:49 PM 88F Partly sunny ~ 9 46 8/7/2022