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The most recent financial statements for Bello Co. are shown here: Balance Sheet $21,563 Debt $21.252 15,089 Equity 15,400 Income Statement Current Sales $10,000 assets
The most recent financial statements for Bello Co. are shown here: Balance Sheet $21,563 Debt $21.252 15,089 Equity 15,400 Income Statement Current Sales $10,000 assets Fixed Costs 6,000 assets Taxable $4,000 Total Income Taxes (25%) 1,000 Net Income $3,000 $36,652 Total $36,652 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 18 percent dividend payout ratio. What is the sustainable growth rate? Multiple Choice 18.51 % o 3.63% o 719% o O 19.51% o 19.01%
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