Loreto Inc. has the following financial ratios: asset turnover = 1.40; net profit margin (i.e., net income/sales) = 8%; payout ratio = 25%; equity/assets = 0.70.

a. What is Loreto's sustainable growth rate?

b. What is its internal growth rate?

(Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Loreto Inc. has the following financial ratios: asset turnover = 1.40; net profit margin (1.e., net income/sales) = 8%; payout ratio = 25%, equity/assets = 0.70. a. What is Loreto's sustainable growth rate? b. What is its internal growth rate? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) X Answer is complete but not entirely correct. a. Sustainable growth rate Internal growth rate 12.00 X % 9.17 X % b