Loreto Inc. has the following financial ratios: asset turnover = 2.80; net profit margin (i.e., net income/sales) = 5%; payout ratio = 35%; equity/assets = 0.40.

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.)