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Find the sustainable and intemal growth rates for a firm with the following ratios: asset turnover - 1.8; profit margin (net income/sales) = 6%, payout

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Find the sustainable and intemal growth rates for a firm with the following ratios: asset turnover - 1.8; profit margin (net income/sales) = 6%, payout ratio = 27%; equity assets = 0.6. (Round your answers to 2 decimal places.) Sustainable growth rate Intemal growth rate Here are the abbreviated financial statements for Planners Peanuts: Income Statement, 2015 Sales $2.780 Costs 1,500 Net income $ 1,280 Assets 2014 $4,010 Balance Sheet, Year-End 2015 $4,880 Debt Equity 2014 $1.440 2,570 2015 $1.710 3.170 Total $4,010 $4,880 Total $4,010 $4,880 If sales increase by 37% in 2016, and the company uses a percentage-of-salos planning model (meaning that all items on the income and balance sheet also increase by 37%), what must be the balancing item? The balancing item is (Click to select) What will be its value? (Round your answer to 1 decimal place.) Value of the balancing item

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