Question: Profit margin = 8.6 % Capital intensity ratio = 0.47 Debt-equity ratio = 0.62 Net income = $ 97,000 Dividends = $ 43,000 Required: Based

Profit margin	=		8.6	%
Capital intensity ratio	=		0.47
Debt-equity ratio	=		0.62
Net income	=	$	97,000
Dividends	=	$	43,000

Required:

Based on the above information, calculate the sustainable growth rate for Southern Lights Co. (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

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