(Solved): what is the dividend payout ratio? Tinsley, Incorporated, wishes to maintain a growth rate of \( 13. ...

Tinsley, Incorporated, wishes to maintain a growth rate of \( 13.5 \) percent per year and a debt-equity ratio of \( .4 \). The profit margin is \( 4.8 \) percent, and total asset turnover is constant at \( 1.18 . \) a. What is the dividend payout ratio? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., \( 32.16 . \) b. What is the maximum sustainable growth rate for this company? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., \( 32.16 . \)