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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
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. a. Find Eagle's required external funds if it maintains a dividend payout ratio of 60% and plans a growth rate of 25% in revenue, expenses, and assets in 2023. Assume the tax rate remains constant. b. If Eagle chooses not to issue new shares of stock, what is the value of debt in 2023 ? c. Suppose that the firm plans instead to increase long-term debt only to $2,300 and does not wish to issue any new shares of stock. What must be the 2023 dividend payment now? Note: For all requirements, do not round intermediate calculations. Round your answers to the nearest whole dollar amount. 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. a. Find Eagle's required external funds if it maintains a dividend payout ratio of 60% and plans a growth rate of 25% in revenue, expenses, and assets in 2023. Assume the tax rate remains constant. b. If Eagle chooses not to issue new shares of stock, what is the value of debt in 2023 ? c. Suppose that the firm plans instead to increase long-term debt only to $2,300 and does not wish to issue any new shares of stock. What must be the 2023 dividend payment now? Note: For all requirements, do not round intermediate calculations. Round your answers to the nearest whole dollar amount
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