Use the following financial statements for Lake of Egypt Marina, Incorporated Assets LAKE OF EGYPT MARINA, INCORPORATED Balance Sheet as of December 31, 2024 and 2023 2024 (in millions of dollars) 2023 Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities Accounts receivable $ 75 115 $ 65 Accrued wages and taxes 110 Inventory 200 190 Accounts payable Notes payable Total Fixed assets: $ 390 $ 365 Total Long-term debt: Gross plant and equipment Less: Depreciation $ 580 110 $ 471 Stockholders' equity: 100 Net plant and equipment Other long-term assets Total $ 470 $ 371 50 49 $ 520 $ 420 Total Total assets $ 910 Preferred stock 5 million shares) Common stock and paid-in surplus 65 million shares) Retained earnings $ 785 Total liabilities and equity LAKE OF EGYPT MARINA, INCORPORATED Income Statement for Years Ending December 31, 2024 and 2023 (in millions of dollars) Net sales (all credit) Less: Cost of goods sold Gross profits Less: Other operating expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) Less: Depreciation Earnings before interest and taxes (EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes Net income Less: Preferred stock dividends Net income available to common stockholders Less: Common stock dividends Addition to retained earnings Per (common) share data: Earnings per share (EPS) Dividends per share (DPS) Book value per share (BVPS) Market value (price) per share (MVPS) Calculate the internal and sustainable growth rate for Lake of Egypt Marina, Incorporated. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Internal growth rate Sustainable growth rate % % 2024 $ 515 230 2023 $ 432 175 $ 285 $ 257 30 25 255 232 22 20 $ 233 33 $ 212 30 $ 200 $ 182 42 55 $ 158 $ 5 $ 153 $ 122 $ 127 $ 5 65 65 $ 88 $ 57 $ 2.354 $ 1.877 $ 1.000 $ 1.000 $ 6.077 $ 4.723 $ 14.750 $ 12.550 2024 2023 $ 40 $ 43 90 80 80 70 $ 210 $ 193 $ 300 $ 280 $ 5 $ 5 65 330 65 242 $ 400 $ 312 $ 910 $ 785