Question: please help me solve this problem for SGR The most recent financial statements for Bello Co. are shown here: Income Statement Sales Costs 14,200 $20,700

please help me solve this problem for SGR The most recent

please help me solve this problem for SGR

The most recent financial statements for Bello Co. are shown here: Income Statement Sales Costs 14,200 $20,700 Balance Sheet $ 12,060 Debt Fixed assets 34,200 Equity Current assets $ 16,780 29,480 Taxable income $ 6,500 Total $46,260 Total $46,260 Taxes (24%) 1,560 Net income $ 4,940 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate 4.46 %

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