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Hasbro, Incorporated, sells toys and games in over 120 countries, including popular brands such as Nerf and Play-Doh. The following are selected financial data

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Hasbro, Incorporated, sells toys and games in over 120 countries, including popular brands such as Nerf and Play-Doh. The following are selected financial data for the company for the period 2012 to 2016. 2012 2013 2014 2015 2016 Profit margin (%) 7.3 6.3 8.8 9.8 18.8 Retention ratio (%) 31.8 44.8 46.8 43.0 53.8 Asset turnover (X) 8.88 8.83 8.84 8.84 8.89 Financial leverage (X) 3.03 2.83 2.58 3.13 3.83 Growth rate in sales (%) (3.8) (1.8) 3.8 3.3 11.8 Source: Data from Hasbro 2012 to 2016 annual reports Calculate Hasbro's annual sustainable growth rate from 2012 through 2016. Note: Round your answers to 1 decimal place. Year Bustainable Growth Rate 2012 2013 % 2014 % 2015 % 2016 %

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