Problem 10 Intro Your company's most recent income statement and balance sheet are given below: Balance sheet ($ million) Income statement ($ million) Sales 24 Costs 19.2 Net income 4.8 Current assets 12.6 Fixed assets 50.4 Debt 18.9 Equity 44.1 Total 63 Total assets 63 Sales, assets and costs are expected to grow by the same rate next year, while company expects to keep its debt-equity ratio constant. The company expects to pay out 20% of net income as dividends. Part 1 IB | Attempt 1/10 for 10 pts. What is the particular growth rate for the next year, at which company will need zero external financing (EFN=0)? What is the sustainable growth rate? 4+ decimals Submit