Sig, Inc., wishes to maintain a growth rate of 12 percent peryear and a debt-equity ratio of .4. The profit margin is 5.6percent, and the ratio of total assets to sales is constant at1.59.

What dividend payout ratio is necessary to achieve this growthrate under these constraints? (A negative answer should beindicated by a minus sign. Do not round intermediate calculationsand enter your answer as a percent rounded to the nearest wholenumber, e.g., 32.)

Is this growth rate possible? Yes or No

What is the maximum sustainable growth rate possible given theseconstraints? (Do not round intermediate calculations and enter youranswer as a percent rounded to 2 decimal places, e.g., 32.16.)