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The financial statements of Eagle Sport Supply are shown in the table below. For simplicity, Costs include interest. Assume that Eagle's assets are proportional

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The financial statements of Eagle Sport Supply are shown in the table below. For simplicity, "Costs" include interest. Assume that Eagle's assets are proportional to its sales. Assume a growth rate of 30% in revenue, expenses, and assets in 2020. The tax rate will remain constant. Income Statement Sales $3,350 Costs 1,450 Pretax income $1,900 Taxes (at 40.0%) 760 Net income $1,140 Balance Sheet, Year-End 2019 Net assets $5,400 2018 $5,100 Total $5,400 $5,100 Debt Equity Total 2019 $2,200 3,200 $5,400 2018 $2,100 3,000 $5,100 a. Assume that the dividend payout ratio is fixed at 50% and the equity-to-asset ratio is fixed. What is the internal growth rate for 2020? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Internal growth rate 6.42% b. What is the sustainable growth rate for 2020? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Sustainable growth rate 9.40 %

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