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Youve collected the following information about Perks, Inc.: Profit margin = 4.41 % Total asset turnover = 3.20 Total debt ratio = .28 Payout ratio

Youve collected the following information about Perks, Inc.:

Profit margin = 4.41 %

Total asset turnover = 3.20

Total debt ratio = .28

Payout ratio = 26 %

Requirement 1:

What is the sustainable growth rate for Perks, Inc.? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

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