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The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Current Sales $16,000 $34,501 Debt $34,003 assets Costs Fixed 9,600

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The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Current Sales $16,000 $34,501 Debt $34,003 assets Costs Fixed 9,600 assets 24,142 Equity 24,640 $6,400 Total $58,643 Total $58,643 Taxable income Taxes (33%) Net income 2,112 $4,288 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 20 percent dividend payout ratio. What is the fastest the company could grow while keeping the current debt-equity ratio constant and without issuing new shares? (Do not round your intermediate calculations.) HINT: You must know the difference between IGR and SGR. Multiple Choice Multiple Choice O 16.17% 15,67% O 16.67% 3.61% 6.21%

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