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6 The financial statements of Eagle Sport Supply are shown in the table below. For simplicity, Costs Include interest. Assume that Eagle's assets are proportional
6 The financial statements of Eagle Sport Supply are shown in the table below. For simplicity, "Costs" Include interest. Assume that Eagle's assets are proportional to its sales. Assume a growth rate of 30% in revenue, expenses, and assets in 2020. The tax rate will remain constant. 0 points eBook Print References Income Statement Sales Costs Pretax income Taxes (at 40.0%) Net income Net assets Total 2019 $ 6,200 $4,150 1,850 $2,300 920 $1,380 Balance Sheet, Year-End 2018 $5,900 $ 6,200 Internal growth rate Sustainable growth rate $ 5,900 Debt Equity Total a. Assume that the dividend payout ratio is fixed at 50% and the equity-to-asset ratio is fixed. What is the Internal growth rate for 2020? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) 805.00 % 2019 $2,600 3,600 $6,200 2018 $2,500 3,400 $5,900 b. What is the sustainable growth rate for 2020? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 de
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