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10. Gatineau Boards is looking to determine their external financing requirements. Below is a high level summary of the companys Balance Sheet and Income Statement

10. Gatineau Boards is looking to determine their external financing requirements. Below is a high level summary of the companys Balance Sheet and Income Statement for 2021 Income Statement Balance Sheet Sales 2,750 Current Assets 600 Current Liabilities 200 Cost Of Sales 2,400 Net FA 800 Equity 1,200 Tax 119 Total Assets 1,400 TOTAL 1,400 NET Income 231 Dividends 77 If sales are expected to grow 20% what would the external Financing needed be? (3 marks) If the production facility is operating at a 75% capacity what amount would be required for external Financing? (2 marks) What growth rate can be maintained with our External Financing? What is the sustainable growth rate? (2 marks)

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