The most recent financial statements for Schenkel Co. are shown here: Income Statement Sales $ 16,800 Costs 10,600 Current assets Fixed assets Balance Sheet $12,400 Debt 30,000 Equity $ 16,900 25.500 Taxable income $ 6,200 Total $ 42,400 Total $42,400 Taxes (40%) 2,480 Net income $ 3,720 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 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 olo Hints References eBook & Resources Hint #1