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Income Statement Balance Sheet Current Sales $ 1 9 , 0 0 0 4 0 . 9 7 0 Debt 4 0 . 3 7

Income Statement Balance Sheet Current Sales $19,00040.970 Debt40.379 assets Fixed Costs 11,400 Equity 29.260 assets Taxable 7,600 Total income 69,639 Total 69.639 Taxes (22)1,672 income $ 5.928 Popcorn Industries had the above results from the most recent year. The firm pays out 18.00% of their net income as dividends each yearUsing this information , what is the sustainable growth rate for Popcorn Industries ?17.96%19.92%20.08%19.83%

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