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Loreto Inc. has the following financial ratios: asset turnover = 1.80; net profit margin (.e. net income/sales) = 4%; payout ratio = 20%; equity/assets=0.50. a.

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Loreto Inc. has the following financial ratios: asset turnover = 1.80; net profit margin (.e. net income/sales) = 4%; payout ratio = 20%; equity/assets=0.50. 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.) Answer is not complete. a. 5.76 % Sustainable growth rate Internal growth rato b. %

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