Coheed, Inc., had equity of $135,000 at the beginning of the year. At the end of the year, the company had total assets of $250,000. During the year the company sold no new equity. Net income for the year was $19,000 and dividends were $2,500.(Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))Required:(a) The sustainable growth rate for the company is _____percent.(b)The sustainable growth rate is ______ percent if you use the formula ROE b and beginning of period equity. If you use end of period equity in this formula, the sustainable growth rate is ________percent.
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