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You are given the following information for Clapton Guitars, Inc. Profit margin 6.7 % Total asset turnover 1.7 Total debt ratio 0.48 Payout ratio 25

You are given the following information for Clapton Guitars, Inc. Profit margin 6.7 % Total asset turnover 1.7 Total debt ratio 0.48 Payout ratio 25 % Calculate the sustainable growth rate. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Sustainable growth rate %

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