Saved P4-7 Calculating Sustainable Growth (LO3] The most recent financial statements for Live Co. are shown here: Balance Sheet $38,814 Debt $38,254 27,160 Equity 27,720 Income Statement Current Sales $18,000 assets Fixed Costs 10,800 -assets Taxable $7,200 Total income Taxes (34%) 2,448 Net income $4,752 $65,974 Total $65,974 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 26 percent dividend payout ratio. No external equity financing is possible Required: What is the sustainable growth rate? (Do not round your intermediate calculations.) Multiple Choice . 15.03 % 5.63%