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Eagle Sports Supply has the following financial statements. Assume that Eagle s assets are proportional to its sales. INCOME STATEMENT, 2 0 2 2 Sales

Eagle Sports Supply has the following financial statements. Assume that Eagles assets are proportional to its sales.
INCOME STATEMENT, 2022
Sales $ 900
Costs 170
Interest 50
Taxes 120
Net income $ 560
BALANCE SHEET, YEAR-END
2021202220212022
Assets $ 2,700 $ 3,000 Debt $ 900 $ 1,000
Equity 1,8002,000
Total $ 2,700 $ 3,000 Total $ 2,700 $ 3,000
Find Eagles required external funds if it maintains a dividend payout ratio of 50% and plans a growth rate of 20% in 2023.
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
If Eagle chooses not to issue new shares of stock, what variable must be the balancing item?
What will be the value of this balancing item?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Now suppose that the firm plans instead to increase long-term debt only to $1,100 and does not wish to issue any new shares of stock. What is now the balancing item?
What will be the value of this new balancing item?
Note: Do not round intermediate calculations. Round your answer to the nearest whole number.

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