Eagle Sports Supply has the following financial statements. Assume that Eagle's assets are proportional to its sales Sales Costs Interest Taxes Net income 800 150 30 100 $520 BALANCE SHEET, YEAR-END 2016 2017 2016 s 2,500 $2,800 Debt 700800 3230 32,100 or250 32.80 2017 1,8002,988 $2,580 52,880 Total $ 2,se0 $2,880 Assets Equity 1,800 -L Total Find Eagle's required external funds if it maintains a dividend payout ratio of 60% and plans a growth rate of 15% in 2018 Do not round intermediate colculations. Round your answer to 2 decimal places.) External funding need b. If Eagle chooses not to issue new shares of stock, what variable must be the balancing item? Debt Prev 2of6 Next > ere to search