Question: please show me how you got your answer... cannot work this one out. THX! The most recent financial statements for Schenkel Co. are shown here
please show me how you got your answer... cannot work this one out. THX!

The most recent financial statements for Schenkel Co. are shown here Income Statement Balance Sheet $17,800 Current assets $11,300 Debt $15,800 22,750 Sales Fixed assets Costs Taxable income Taxes (40%) 13,100 4,700 1,880 $ 2,820 27,250 Equity Total $38,550 Total $38,550 Net income Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 20 percent dividend payout ratio. No external equity financing is possible. 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
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