The most recent financlal statements for Mandy Company are shown below:

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant $45$ percent dividend payout

ratio. No external equity financing is possible.

What is the ROE?

Note: Do not round Intermedlate calculatlons and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Answer is complete and correct.

ROE

$22\mathrm{.}44$

$\%$

What is the sustainable growth rate?

Note: Do not round intermedlate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Answer is complete but not entirely correct.