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You've collected the following information about Hendrix Guitars, Incorporated: Profit margin Total asset turnover Total debt ratio. Payout ratio 4.37% 2.80 .37 22% What

You've collected the following information about Hendrix Guitars, Incorporated: Profit margin Total asset turnover Total debt ratio. Payout ratio 4.37% 2.80 .37 22% What is the sustainable growth rate for the company? Note: 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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