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The most recent financial statements for AppleBanana Co. are shown here: Balance Sheet Sales Income Statement $ 200,000 130,000 Current assets $ 120.000 Debt $
The most recent financial statements for AppleBanana Co. are shown here: Balance Sheet Sales Income Statement $ 200,000 130,000 Current assets $ 120.000 Debt $ 160,000 240,000 Costs Fixed assets 280.000 Equity Taxable income $ 70,000 Total $ 400,000 Total S 400,000 Taxes (24%) 16,800 Net income $ 53,200 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 70 percent dividend payout ratio. The sustainable growth rate is rounded 2 decimal places, e.g., 32.16.) %. (Do not include percentage sign. Do not round intermediate calculations and enter your answer as a percent
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