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

Income Statement				Balance Sheet
Sales	$	16,200		Current assets	$	10,600		Debt	$	15,100
Costs		12,400		Fixed assets		25,500		Equity		21,000
Taxable income	$	3,800		Total	$	36,100		Total	$	36,100
Taxes (40%)		1,520
Net income	$	2,280

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 25 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

%