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Country Comfort, Inc. had Total Assets of $195,000 and Total Equity of $149,903 at the end of the year. During the year, the company sold
Country Comfort, Inc. had Total Assets of $195,000 and Total Equity of $149,903 at the end of the year. During the year, the company sold no new equity. Net income for the year was $71,715 and dividends were $38,586. What is the sustainable growth rate at the end of the year? Present your answer in percentage format with two decimal places.
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