Help M Chapter 3 HW 3.4 Problems i x COezto.mheducat tpox Apps Finance Entertainment -Lynn Social Media Links for BUS 311 News ea Tri Sigma 6 2.00 points The most recent financial statements for Shinoda Manufacturing Co. are shown below S 64,100 Current as 27,500 Debt $ 43,700 80,400 Equity 64,200 S 107,900 Total 107.900 Costs Taxable income Tax (30%) Net Income 44,730 Fixed assets 19,370 5.811 $13,559 Total Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 42 percent dividend payout ratio. No external equity financing possible. What is 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 Hint#1