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You are given the following information for Hendrix Guitars, Inc. You are given the following information for Hendrix Guitars, Inc. Profit margin Total asset 73%

You are given the following information for Hendrix Guitars, Inc.

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You are given the following information for Hendrix Guitars, Inc. Profit margin Total asset 73% 1.4 turnover Total debt ratio 54 Payout ratio 25% Calculate the sustainable growth rate. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate

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