New Alchemy Income Statement 20X1 Sales $40 Net Income $1.80 20X1 Assets New Alchemy Balance Sheet 20X0 and 20X1 20X0 20X1 20X0 $30 $50 Liabilities S10 Equity $20 $30 $50 Total $30 $20 $30 Total SSO The sustainable growth rate for 20X1 based on beginning balance sheet values is: 6.3% 8.6% 7.7% 4.5% 5.4% New Alchemy Income Statement 20X1 Sales $40 Net Income $1.80 20X1 Assets New Alchemy Balance Sheet 20X0 and 20X1 20X0 20X1 20X0 $30 $50 Liabilities S10 Equity $20 $30 $50 Total $30 $20 $30 Total SSO The sustainable growth rate for 20X1 based on beginning balance sheet values is: 6.3% 8.6% 7.7% 4.5% 5.4%