Question: Multiple Choice 19.62% 19.12 % 7.40% 3.73% 20.12% P4-7 Calculating Sustainable Growth [LO3] The most recent financial statements for Bello Co. are shown here: Balance

Multiple Choice 19.62% 19.12 % 7.40% 3.73% 20.12% P4-7 Calculating Sustainable

Multiple Choice

19.62%

19.12 %

7.40%

3.73%

20.12%

P4-7 Calculating Sustainable Growth [LO3] The most recent financial statements for Bello Co. are shown here: Balance Sheet $25,876 Debt $25,502 18,106 Equity 18,480 Income Statement Sales $12,000 Current assets Costs Fixed 7,200 -assets Taxable $4,800 Total income Taxes (23%) 1,104 Net income $3,696 $43,982 Total $43,982 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 18 percent dividend payout ratio. What is the sustainable growth rate

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