The most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet

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The most recent financial statements for Minnie's Manufacturing
Co. are shown below: Income Statement Balance Sheet
Sales $ 91,800 Current assets $ 32,500 Debt $ 42,600
Costs 66,450 Fixed assets 93,500 Equity
83,400 Taxable income $ 25,350
Total $ 126,000 Total $ 126,000
Tax (22%) 5,577 Net
Income $ 19,773 Assets and costs are
proportional to sales. Debt and equity are not. The company
maintains a constant 40 percent dividend payout ratio. No external
equity financing is possible. What is the ROE? (Do not round
intermediate calculations. Enter your answer as a percent rounded
to 2 decimal places, e.g., 32.16.) What is the
sustainable growth rate? (Do not round intermediate calculations.
Enter your answer as a percent rounded to 2 decimal places, e.g.,
32.16.)