The most recent financial statements for Live Co. are shown here Income Statement Sale Costs Taxable Income Taxes (40%) Net Income $18606 $11957 7 2 $10971 eb $15368 Balance Sheet $10371Debt $26139Equity Current Asset Fixed Asset Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 23 percent dividend payout ratio. No external financing is possible. What is the sustainable growth rate (in %)