Assuming the following ratios are constant, what is the sustainable growth rate?

Total asset turnover = 1.75

Profit margin = 8.3%

Equity multiplier = 1.85

Payout ratio = 40%

Bethesda Mining Company reports the following balance sheet information for 2007 and 2008. Use this information to work Problems 15 through 17.

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BETHESDA MNING COMPANY Balance Sheets as of December 31, 2007 and 2008 2007 Liabilities and Owners Equity 2008 Current assets Current liabilities S18.288 22,455 Accounts pavable Cash Accounts receivable Inventorv S149.940 $144.722 69.246 101 134 S219.186 $245,8506 190.000 131,250 44,062 55,457 Notes payable S166.689 $222,608 Long-term debt Owners' equity Total 160,000 Accumulated retained eanings 179693 247490 $748.879 $784.596 Total iabties and owners equity S748.879$784.596 Common stock and paid-in surplus S160,000 Fixed assets Net plant and equipment 582.190 5698Total Total assets