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Eagle Sports Supply has the following financial statements. Assume that Eagles assets are proportional to its sales. INCOME STATEMENT, 2019 Sales $ 1,400 Costs 270

Eagle Sports Supply has the following financial statements. Assume that Eagles assets are proportional to its sales. INCOME STATEMENT, 2019 Sales $ 1,400 Costs 270 Interest 80 Taxes 220 Net income $ 830 BALANCE SHEET, YEAR-END 2018 2019 2018 2019 Assets $ 4,650 $ 4,950 Debt $ 1,550 $ 1,650 Equity 3,100 3,300 Total $ 4,650 $ 4,950 Total $ 4,650 $ 4,950 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? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b. What is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.

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