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The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $ 19,300 Current assets $ 11,780 Debt $ 15,940

The most recent financial statements for Bello Co. are shown here:

Income Statement Balance Sheet
Sales $ 19,300 Current assets $ 11,780 Debt $ 15,940
Costs 13,200 Fixed assets 27,900 Equity 23,740
Taxable income $ 6,100 Total $ 39,680 Total $ 39,680
Taxes (21%) 1,281
Net income $ 4,819

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 45 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.)

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