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Eagle Sports Supply has the following financial statements. Assume that Eagle's assets are proportional to its sales. INCOME STATEMENT, 2019 Sales $1,450 Costs 280 Interest

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Eagle Sports Supply has the following financial statements. Assume that Eagle's assets are proportional to its sales. INCOME STATEMENT, 2019 Sales $1,450 Costs 280 Interest 90 Taxes 230 Net income $ 850 Assets BALANCE SHEET, YEAR-END 2018 2019 $ 4,800 $ 5,100 Debt Equity $ 4,800 $ 5,100 Total 2018 $ 1,600 3,200 $ 4,800 2019 $ 1,700 3,400 $ 5,100 Total 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.) Internal growth rate 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

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