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New Alchemy Income Statement 20X1 Sales $40 Net Income $1.80 New Alchemy Balance Sheet 20X0 and 20X1 20X0 20X1 20X0 20X1 Assets $30 $50 Liabilities

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New Alchemy Income Statement 20X1 Sales $40 Net Income $1.80 New Alchemy Balance Sheet 20X0 and 20X1 20X0 20X1 20X0 20X1 Assets $30 $50 Liabilities $10 $20 Equity $20 $30 Total $30 $50 Total $30 $50 The sustainable growth rate for 20X1 based on beginning balance sheet values is: 6.3% 5.4% 7.7% 4.5% 8.6% O New Alchemy Income Statement 20X1 Sales $40 Net Income $1.80 New Alchemy Balance Sheet 20X0 and 20X1 20X0 20X1 20X0 20X1 Assets $30 $50 Liabilities $10 $20 Equity $20 $30 Total $30 $50 Total $30 $50 The sustainable growth rate for 20X1 based on beginning balance sheet values is: 6.3% 5.4% 7.7% 4.5% 8.6% O

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