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

Income Statement				Balance Sheet
Sales	$	17,800		Current assets	$	11,300		Debt	$	15,800
Costs		13,100		Fixed assets		27,250		Equity		22,750
Taxable income	$	4,700		Total	$	38,550		Total	$	38,550
Taxes (40%)		1,880
Net income	$	2,820

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 20 percent dividend payout ratio. No external equity financing is possible.

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.)

Sustainable growth rate

%