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6 Eagle Sports Supply has the following financlal statements. Assume that Eagle's assets are proportional to Its sales. a. What is the internal growth rate
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Eagle Sports Supply has the following financlal statements. Assume that Eagle's assets are proportional to Its sales. a. What is the internal growth rate of Eagle Sports if the dividend payout ratio is fixed at 70% and the equity-to-asset ratio is fixed at 2/3 ? Note: Do not round Intermedlate calculations. Enter your answer as a percent rounded to 2 decimal places. b. What is the sustalnable growth rate? Note: Do not round Intermedlate calculations. Enter your answer as a percent rounded to 2 decimal placesStep by Step Solution
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