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SOLVE ONLY Q:17 PLEASE 14. Sustainable Growth. Assuming the following ratios are constant, what is the sustainable growth rate? Total asset turnover= 2.80 Profit margin

image text in transcribedimage text in transcribedimage text in transcribedSOLVE ONLY Q:17 PLEASE

14. Sustainable Growth. Assuming the following ratios are constant, what is the sustainable growth rate? Total asset turnover= 2.80 Profit margin = 5.7% Equity multiplier = 1.47 Payout ratio = 55% Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Use this information to work Problems 15 through 17. 88 PART 2 Understanding Financial Statements and Cash Flow BETHESDA MINING COMPANY Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Assets Liabilities and Owners' Equity $ 19.256 Current assets Cash Accounts receivable Inventory Total 46,396 109.626 $175,278 $ 21,946 54,486 129,253 $ 205,685 Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $171,531 79,218 $250,749 $255,000 $153,984 107,606 $261,590 $278,500 Fixed assets Net plant and equipment $705,386 Total assets $880,664 85,205 $990,890 $160,000 214,915 $374.915 $880,664 $170,000 280,800 $450.800 $990,890 LO 3 17. DuPont Identity. Suppose that the Bethesda Mining Company had sales of $2,945,376 and net income of $89,351 for the year ending December 31, 2016. Calculate the DuPont identity

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