Eagle Sports Supply has the following financial statements. Assume that Eagle’s assets are proportional to its sales. INCOME STATEMENT, 2019 Sales $ 900 Costs 170 Interest 50 Taxes 120 Net income $ 560 BALANCE SHEET, YEAR-END   2018 2019   2018 2019 Assets $ 3,150 $ 3,450 Debt $ 1,050 $ 1,150       Equity 2,100 2,300 Total $ 3,150 $ 3,450 Total $ 3,150 $ 3,450 What is the internal growth rate of Eagle Sports if the dividend payout ratio is fixed at 60% and the equity-to-asset ratio is fixed at 2/3? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. What is the sustainable growth rate? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.

The most recent financial statements for Schenkel Co. are shown below. Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate? Sales Costs Taxable income Taxes Net income Payout ratio Tax rate Return on assets Retention ratio $ $ Internal growth rate $ 16,200 10,400 5,800 2,320 3,480 30% 40% Complete the following analysis. Do not hard code values in your calculations. Current assets $ Fixed assets Total $ 10,100 Debt 26,500 Equity 36,600 Total $ 16,400 20,200 $36,600

Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year Sales $ 1,000 Balance Sheet: Assets Cash $ 200 Short-term investments $ 140 Accounts receivable $ 100 Inventories $ 100 Total current assets $ 540 Net fixed assets $ 600 Total assets $ 1,140 Sales are expected to grow by 14% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar.

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Berman & Jaccor Corporation's current sales and partial balance sheet are shown below.     This year Sales   $ 1,000   Balance Sheet: Assets         Cash   $ 150   Short-term investments   $ 110   Accounts receivable   $ 200   Inventories   $ 250       Total current assets   $ 710   Net fixed assets   $ 500       Total assets   $ 1,210     Sales are expected to grow by 14% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar. $

What is the sustainable growth rate for 2015? Narrow Falls Lumber 2015 Income Statement Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends Cash Accounts receivable Inventory Net fixed assets Total assets Select one: a. 10.91% b. 14.46% c. 15.54% d. 12.63% e. 13.97% $28,200 $848,600 542,800 147,400 $158,400 12,600 $145,800 51,800 $94.000 Narrow Falls Lumber Balance Sheets as of December 31, 2014 and 2015 2015 2014 $ 32,300 $ 26,900 74,700 72,300 99,500 97,800 707,100 705,000 $913.600 $902,000 Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earnings Total liabilities & owners' equity 2015 2014 $ 78,900 $ 79,200 40,000 354,500 50,000 295,600 170,000 175,000 319.100 253,300 $913.600 $902,000

The 2019 financial statements for Growth Industries are presented below.   INCOME STATEMENT, 2019 Sales       $ 270,000   Costs         185,000   EBIT       $ 85,000   Interest expense         17,000   Taxable income       $ 68,000   Taxes (at 21%)         14,280   Net income       $ 53,720   Dividends $ 21,488         Addition to retained earnings $ 32,232              BALANCE SHEET, YEAR-END, 2019   Assets         Liabilities       Current assets         Current liabilities       Cash $ 3,000     Accounts payable $ 10,000   Accounts receivable   8,000     Total current liabilities $ 10,000   Inventories   29,000     Long-term debt   170,000   Total current assets $ 40,000     Stockholders’ equity       Net plant and equipment   210,000     Common stock plus additional paid-in capital   15,000             Retained earnings   55,000   Total assets $ 250,000     Total liabilities plus stockholders' equity $ 250,000        Sales and…

Abbreviated financial statements for Archimedes Levers are shown in the table below. Assume sales and expenses increase by 14% in 2022 and all assets and liabilities increase correspondingly. Income Statement Sales Costs, including interest Net income Net assets Total $ 4,800 3,900 $ 900 Balance Sheet, Year-End 2021 2020 $ 3,936 $3,500 $ 3,936 $3,500 Debt Equity Total 2021 $ 1,536 2,400 $ 3,936 2020 $1,433 2,067 $3,500 a. If the payout ratio is set at 50% and no external debt or equity is to be issued, what is the maximum possible growth rate for Archimedes? b. If the payout ratio is set at 50% and the firm aintains a fixed debt ratio but issues no equity, what is the maximum possible growth rate for Archimedes? Note: For all requirements, do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.

Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year Sales $1,000 Balance Sheet: Assets     Cash $150  Short-term investments $140  Accounts receivable $300  Inventories $300      Total current assets $890  Net fixed assets $600      Total assets $1,490 Sales are expected to grow by 12% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar.

The most recent financial statements for Mandy Company are shown here: Income Statement Balance Sheet $ 11,760 27,450 $ 39,210 Sales Costs Taxable income Taxes (24%) Net income $19,200 13,050 $ 6,150 Sustainable growth rate 1,476 $4,674 Current assets Fixed assets Total Debt Equity % Total Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 45 percent dividend payout ratio. What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) $ 15,880 23,330 $ 39,210