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You are given the following information on Kaleb's Heavy Equipment: Profit margin 5.5 % Capital intensity ratio .64 Debt-equity ratio .7 Net income $ 58,000

You are given the following information on Kaleb's Heavy Equipment:

Profit margin 5.5 %
Capital intensity ratio .64
Debt-equity ratio .7
Net income $ 58,000
Dividends $ 14,000

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.)

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