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ncome Statement Sales Costs Taxable Balance Sheet Current 11500 Debt 6,000 10,700 Fixed assets 27,750 Equity 23,250 $16,500 Current $5,800 $39,250 Total $39,250 income Taxes
ncome Statement Sales Costs Taxable Balance Sheet Current 11500 Debt 6,000 10,700 Fixed assets 27,750 Equity 23,250 $16,500 Current $5,800 $39,250 Total $39,250 income Taxes (40%) 2,320 Net income 3,480 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. No external equity financing is possible What is the sustainable growth rate? (Do not round intermediate calculations and enter
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