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Eagle Sports Supply has the following financial statements. Assume that Eagle's assets are proportional to its sales INCOME STATEMENT, 2012 Sales Costs Interest laxes $900
Eagle Sports Supply has the following financial statements. Assume that Eagle's assets are proportional to its sales INCOME STATEMENT, 2012 Sales Costs Interest laxes $900 170 50 120 Net income $560 BALANCE SHEET, YEAR-END 2011 2012 2011 2012 $ 900 $1,000 1,800 2,000 Assets $2,700 $3,000 Debt Equity Total $2,700 $3,000 Total $2,700 $3,000 a. Find Eagle's required external funds if it maintains a dividend payout ratio of 50% and plans a growth rate of 20% in 2013" (Do not round intermediate calculations. Round your answer to 2 decimal places.) External fund 264 b-1 If Eagle chooses not to issue new shares of stock, what variable must be the balancing item? Debt Interest Dividend:s b-2 What will its value be? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value
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