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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
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 $
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