Input | Output |
---|---|
The financial statements of Eagle Sport Supply are shown in the following table: <image 1>. For simplicity, 'Costs' include interest. Assume that Eagle's assets are proportional to its sales. Find Eagle's required external funds if it maintains a dividend payout ratio of 50% and plans a growth rate of 15% in 2020. (A) $152.5 (B) $162.5 (C) $172.5 (D) $182.5 Answer with the option's letter from the given choices directly. No punctuation. | A Expected Answer: B Difficulty: Hard Subfield: Corporate Finance |