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Eagle Sports Supply has the following financial statements. Assume that Eagle's assets are proportional to its sales. a. What is the internal growth rate of
Eagle Sports Supply has the following financial statements. Assume that Eagle's assets are proportional to its sales. 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.) b. What is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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