INCOME STATEMENT, 2019 Sales Costs $1,650 320 Interest 60 Taxes 270 Net income $ 1,000 BALANCE...

 

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INCOME STATEMENT, 2019 Sales Costs $1,650 320 Interest 60 Taxes 270 Net income $ 1,000 BALANCE SHEET, YEAR-END 2018 2019 Assets $ 5,400 $ 5,700 Debt Total $5,400 $5,700 Equity Total 2018 2019 $ 1,800 3,600 $5.400 $1,900 3,100 $5,700 Return to qu a. What is the internal growth rate of Eagle Sports if the dividend payout ratio is fixed at 60% and the equity to asset ratio is fixed at 2/3? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. b. What is the sustainable growth rate? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. INCOME STATEMENT, 2019 Sales Costs $1,650 320 Interest 60 Taxes 270 Net income $ 1,000 BALANCE SHEET, YEAR-END 2018 2019 Assets $ 5,400 $ 5,700 Debt Total $5,400 $5,700 Equity Total 2018 2019 $ 1,800 3,600 $5.400 $1,900 3,100 $5,700 Return to qu a. What is the internal growth rate of Eagle Sports if the dividend payout ratio is fixed at 60% and the equity to asset ratio is fixed at 2/3? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. b. What is the sustainable growth rate? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.