Check my work Problem 18-16 Feasible Growth Rates (L03) Eagle Sports Supply has the following financial statements. Assume that Eagle's assets are proportional to its sales INCOME STATEMENT, 2019 Sales $1,eee Costs 190 Interest Taxes Net income $ 600 140 2018 3,450 Assets $ BALANCE SHEET, YEAR-END 2019 $ 3,750 Debt Equity $ 3,758 Total $ $ 2018 1.150 2,3ee 3,450 2019 1.250 2.500 3,750 Total $ 3,450 $ $ 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? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Check my work Total $ 3,450 $ 3,750 Total $ 3,450 $ 3,750 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? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) points Internal growth rate Skipped b. What is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Sustainable growth rate