21. Long-term planning models (S30.4) The financial statements of Eagle Sport Supply are shown in Table 30.17.
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21. Long-term planning models (S30.4) The financial statements of Eagle Sport Supply are shown in Table 30.17. For simplicity, “Costs” include interest. Assume that Eagle’s assets are proportional to its sales.
a. Find Eagle’s required external funds if it maintains a dividend payout ratio of 50% and plans a growth rate of 15% in 2023.
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Related Book For
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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