In 2019, Sunflower Co. had sales of $35 million, net income of $5.6. million, and a dividend payout ratio of 40%. The firm's total assets were $48 million and the firm had spontaneous financing of $7 million. All assets are presently being used at maximum capacity.

What is Sunflowers sustainable growth rate for 2020?

a. 7.21%

b. 8.93%

c. 9.70%

d. 11.34%

In 2019, Sunflower Co. had sales of $35 million, net income of $5.6. million, and a dividend payout ratio of 40%. The firm's total assets were $48 million and the firm had spontaneous financing of $7 million. All assets are presently being used at maximum capacity. What is Sunflower's s stainable growth rate for 2020? O a. 7.21% O b.8.93% O c. 9.70% O d. 11.34%