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The most recent financial statements for Bello Company are shown here: Income Statement Balance Sheet Sales $18,000 Current assets $38,814 Debt $38,254 Costs 10,800 Fixed
The most recent financial statements for Bello Company are shown here: Income Statement Balance Sheet Sales $18,000 Current assets $38,814 Debt $38,254 Costs 10,800 Fixed assets 27,160 Equity 27,720 Taxable $ 7,200 Total $ 65,974 Total $ 65,974 income Taxes (22%) 1,584 Net income $ 5,616 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 28 percent dividend payout ratio. What is the sustainable growth rate
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