U 3-39 Sustainable Growth Rate You are considering investing in Annie's Eatery. You have been able to locate the following infonnation on the firm: Total assets are $40 million, accounts receivable are $6.0 million, ACP is 30 days, net income is $435 million, debt-to-equity is 1.5 times, and dividend payout ratio is 45 percent. All sales are on credit. Annie's is considering loosening its credit policy such that ACP will increase to 35 days. The change is expected to increase credit sales by 5 percent. Any change in accounts receivable will be offset with a change in debt. No other balance sheet changes are expected. Annie's prot margin and dividend payout ratio will remain unchanged. Use the DuPont equation to determine how this change in accounts receivable policy will affect Armie's sustainable growth rate. (LGSEi)