The most recent financial statements for Bello Co. are shown here: Balance Sheet $40,970 Debt...
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Finance
The most recent financial statements for Bello Co. are shown here: Balance Sheet $40,970 Debt $40,379 28,669 Equity 29,260 Income Statement Current Sales $19,000 assets Fixed Costs 11,400 -assets Taxable $7,600 Total income Taxes (22%) 1.672 Net income $5,928 $69,639 Total $69,639 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 26 percent dividend payout ratio. What is the sustainable growth rate
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