1 1 Calculate internal and sustainable growth rates Explain what they mean (10 points) 1 2 Using the percentage of sales approach, prepare proforma financial statements for year 2022 (20 points) 1 3 Calculate the amount of external financing needed in 2022 What financing options are available for the company (5 points) 1 4 Assuming that the company operated at 85 capacity in 2021, re calculate the amount of external financing needed in 2022 (5 points) 1 5 Discuss the role of financial planning (5 points) The most recent financial statements for Marvel Corporation follow Sales for year 2022 are projected to increase by 12 percent Tax rate will be 25 in year 2022 The company maintains a constant dividend payout ratio The firm is operating at full capacity The most recent financial statements for Marvel Corporation follow Sales for year 2022 are projected to increase by 12 percent Tax rate will be 25 in year 2022 The company maintains a constant dividend payout ratio The firm is operating at full capacity

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 06, 2024

1.1 Calculate internal and sustainable growth rates. Explain what they mean. (10 points) 1.2 Using the percentage of sales approach, prepare proforma financial statements for

1.1 Calculate internal and sustainable growth rates. Explain what they mean. (10 points)

1.2 Using the percentage of sales approach, prepare proforma financial statements for year 2022. (20 points)

1.3 Calculate the amount of external financing needed in 2022. What financing options are available for the company? (5 points)

1.4 Assuming that the company operated at 85% capacity in 2021, re-calculate the amount of external financing needed in 2022. (5 points)

1.5 Discuss the role of financial planning. (5 points)

image text in transcribed

The most recent financial statements for Marvel Corporation follow. Sales for year 2022 are projected to increase by 12 percent. Tax rate will be 25% in year 2022 . The company maintains a constant dividend payout ratio. The firm is operating at full capacity. The most recent financial statements for Marvel Corporation follow. Sales for year 2022 are projected to increase by 12 percent. Tax rate will be 25% in year 2022 . The company maintains a constant dividend payout ratio. The firm is operating at full capacity