Calculating EFN Based on the following information for the Skandia Mining Company, what is EFN if sales are predicted to grow by 10 per cent? Use the percentage of sales approach and assume the company is operating at full capacity. The payout ratio is constant.

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Skandia Mining Company Financial statements Statement of profit or loss Statement of financial position Assets Liabilities and shareholders' equity Current $ Current Revenue $4250.0 $ 500.0 assets 900.0 liabilities Net non- Non-current Expenses 3896.4 1800.0 current 2.200.0 debt assets Profit before $ tax 353.6 Shareholders' equity 800.0