use excel

Q2 10 pts Bioject has been evaluating its past and future performance by examining its sustainable growth rate. Bioject Inc. ($ in millions) Profit margin (%) Retention ratio (%) Asset turnover (times) Equity Multiplier (times) 2018 3.3% NA NA NA 2019 2.9% 50% 3.6 3.2 2020 2.4% 50% 3.2 3.6 2021 2022F 1.4% 0.6% 50% 50% 3.1 3.0 3.7 4.5 #1 Bioject's Sustainable Growth ( Bioject's Actual growth rate (% 23.00% 17% 28% 25% Calculate Bioject's Sustainable growth rate for each year and place it in the table above. . Comparing the company's sustainable growth rate to its actual growth rate in sales, what changes in operating or financial policies have impacted Bioject's sustainable growth rate? Do you see any difficulties with the way it financed its growth? Explain. #2