Bal… Show more The most recent financial statements for Live Co. are shown here: Income Statement Income Statement Income Statement Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Sales $ 14,100 Current assets $ 10,800 Debt $ 15,300 Costs 8,300 Fixed assets 26,000 Equity 21,500 Taxable income $ 5,800 Total $ 36,800 Total $ 36,800 Taxes (40%) 2,320 Net income $ 3,480 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external equity financing is possible. What is the sustainable growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Sustainable growth rate % • Show less



