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1) Calculate the following ratios for 2021 : Current ratio, quick ratio, asset turnover, inventory turnover, receivables turnover, return on assets, return on equity, profit

image text in transcribed 1) Calculate the following ratios for 2021 : Current ratio, quick ratio, asset turnover, inventory turnover, receivables turnover, return on assets, return on equity, profit margin, and equity multiplier. Additionally, use the Dupont identity to deconstruct ROE. 2) The Company expects sales to grow by 15% in 2022. Assets, costs, and accounts payable are proportional to sales. Depreciation, interest, long-term debt and notes payable will remain the same year over year and not increase at the 15% rate. The company maintains a constant 30 percent dividend payout ratio and pays taxes at a 25% rate. What is the external financing needed? Use the percentage of sales method. 3) Using the information from 2022, what is the Company's internal growth rate? Sustainable growth rate? If the Company wanted to grow faster than their internal growth rate but did not want to use external funding, what advice might you give them to increase their internal growth rate

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