Question: Use the sustainable growth rate equations from the previous problem to answer the following questions No Return. Inc., had total assets of $310.000 and equity

Use the sustainable growth rate equations from the previous problem to answer the following questions No Return. Inc., had total assets of $310.000 and equity of $183.000 at the beginning of the year. At the end of the year, the company had total assets of $355,000. During the year the company sold no new equity. Net income for the year was $95,000 and dividends were $68,000. What is the sustainable growth rate for the company? What is the sustainable growth rate if you calculate ROE based on the beginning of period equity?

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