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Profit margin=8.6%Capital intensity ratio=0.47Debt-equity ratio=0.62Net income=$97,000Dividends=$43,000 Required: Based on the above information, calculate the sustainable growth rate for Southern Lights Co. (Do not include the
Profit margin=8.6%Capital intensity ratio=0.47Debt-equity ratio=0.62Net income=$97,000Dividends=$43,000 Required:Based on the above information, calculate the sustainable growth rate for Southern Lights Co.(Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)
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