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Eagle Sports Supply has the following financial statements. Assume that Eagle s assets are proportional to its sales. INCOME STATEMENT, 2 0 1 9 Sales

Eagle Sports Supply has the following financial statements. Assume that Eagles assets are proportional to its sales.
INCOME STATEMENT, 2019
Sales $ 850
Costs 160
Interest 40
Taxes 110
Net income $ 540
BALANCE SHEET, YEAR-END
2018201920182019
Assets $ 3,000 $ 3,300 Debt $ 1,000 $ 1,100
Equity 2,0002,200
Total $ 3,000 $ 3,300 Total $ 3,000 $ 3,300
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 intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
What is the sustainable growth rate?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
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