Question: TABLE 3.5 forecasting with a 31,2022 ($ thousands) Table 3.1 presents R&E Supplies' financial statements for the period 2018 through 2021, and presents a pro



TABLE 3.5 forecasting with a 31,2022 (\$ thousands) Table 3.1 presents R\&E Supplies' financial statements for the period 2018 through 2021, and presents a pro forma financial forecast for 2022. Use the information in these tables to answer the following questions. Calculate R\&E's sustainable growth rate in each year from 2019 through 2022. Assume the dividend payout ratio was the same in 2019 to 21 as forecasted in 2022 . Note: Round each step and the final answers to 1 decimal place
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