Question: Please give answers as formulas!!! (using cell names) The most recent financial statements for Schenkel Co. are shown below. Assets and costs are proportional to

Please give answers as formulas!!! (using cell names)

The most recent financial statements for Schenkel Co. are shown below. Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. VWhat is the sustainable growth rate? 4 Sales $ 16,200 Current assets $ 10,100 Debt $ 16,400 26,500 Equity 36,600 Total 36,600 7Costs 10,400 Fixed assets 20,200 Taxable income $5,800 Total 2,320 $3,480 Taxes 10 Net income 12 Payout ratio 13 Tax rate 30% 21% 15 16 Complete the following analysis. Do not hard code values in your calculations. 17 18Return on equity 19 Retention ratio 21 22 Sustainable growth rate

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