Calculate the sustainable growth rate. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Problem 4-20 Sustainable Growth ILO3] You are given the following information for Hendrix Guitars, Inc. Profit margin Total asset turnover Total debt ratio Payout ratio 5.8% 1.3 39 4096 Calculate the sustainable growth rate. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate