Eagle Sports Supply has the following financial statements. Assume that Eagle's assets are proportional to its sales. Find Eagle's required external funds if it maintains a dividend payout ratio of 60% and plans a growth rate of 20% in 2013. External fund $ If Eagle chooses not to issue new shares of stock, what variable must be the balancing item? Debt Interest Dividends What will its value be? Value $ Now suppose that the firm plans instead to increase long-term debt only to $900 and does not wish to issue any new shares of stock. What will be the value of dividend payment now? Value $