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The most recent financial statements for Schenkel Co. are shown here: Income Statement Balance Sheet   Sales...

The most recent financial statements for Schenkel Co. are shown here:
Income Statement Balance Sheet
  Sales $ 18,100 Current assets $ 12,200 Debt $ 16,700
  Costs 13,900 Fixed assets 29,500 Equity 25,000
  Taxable income $ 4,200     Total $ 41,700     Total $ 41,700
  Taxes (40%) 1,680
    Net income $ 2,520

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 25 percent dividend payout ratio. No external equity financing is possible.

What is the sustainable growth rate?
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