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The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Current Sales $12,000 $25,876 Debt $25,502 16 Costs 7,200 assets
The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Current Sales $12,000 $25,876 Debt $25,502 16 Costs 7,200 assets Fixed -assets 18,106 Equity 18,480 Taxable $4,800 Total $43,982 Total $43,982 income Taxes (24%) 1,152 Net income $3,648 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 26 percent dividend payout ratio. What is the sustainable growth rate
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