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The most recent financial statements for Bello Company are shown here: ...

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Finance

The most recent financial statements for Bello Company are shown here:

Income Statement Balance Sheet
Sales $ 15,000 Current assets $ 32,345 Debt $ 31,878
Costs

9,000

 Fixed assets 22,633 Equity 23,100
Taxable income $ 6,000 Total

$ 54,978

 Total

$ 54,978
Taxes (24%) 1,440
Net income

$ 4,560

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 22 percent dividend payout ratio.

What is the sustainable growth rate?

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