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The most recent financial statements for Bello Co. are shown here: Income Statement Sales Costs Taxable Balance Sheet $20,200 Current $11,960 De $16,480 Equity 27,430
The most recent financial statements for Bello Co. are shown here: Income Statement Sales Costs Taxable Balance Sheet $20,200 Current $11,960 De $16,480 Equity 27,430 $43,910 assets 13,900 Fixed assets 31,950 E $6,300 Total $43,910 Total income Taxes (22%) 1,386 Net income $ Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 5s percent dividend payout ratio What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate
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