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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 $ 1,750 Costs

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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 $ 1,750 Costs 340 Interest Taxes 80 290 Net income $ 1,040 2018 Assets $ 5,700 BALANCE SHEET, YEAR-END 2019 $ 6,000 Total $ 5,700 $ 6,000 Debt Equity Total 2018 $ 1,900 3,800 $ 5,700 2019 $ 2,000 4,000 $ 6,000 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? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. b. What is the sustainable growth rate? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. a. Internal growth rate b. Sustainable growth rate % %

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