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  3. 3. the most recent financial statements for compan

3. The most recent financial statements for Company A are shown here: Income Statement Sales...

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3. The most recent financial statements for Company A are shown here: Income Statement Sales $11,000 Costs 6,600 Taxable income $4,400 Taxes (33%) 1,452 Net income $2,948 Balance Sheet Current assets Fixed assets Total $23,719 16,598 $40,317 Debt $23,377 Equity 16,940 Total $40,317 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 34 percent dividend payout ratio. No external equity financing is possible. What is Company A's sustainable growth rate

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