4) Graham Auto Parts has current sales of $42,700, EBIT of $9,700, net income of $6,600, interest expense of $1,360, and dividends paid of $1,925. Assume the net profit margin, debtequity ratio, and dividend payout ratio are held constant. Sales are expected to increase by $8,000 next year. What is the projected change to retained earnings for next year? 5) Last year, Hoopla Nets reported the simplified financial statements shown below (assuming no income taxes). The firm is forecasting a sales increase of 6 percent. Assets and expenses are proportional to sales, but debt and equity are not. The firm does not plan to pay dividends. How much external financing will the firm need to support its growth? 6) The Floor Store wants to maintain a growth rate of 5 percent without incurring any additional equity financing. The firm maintains a constant debt-equity ratio of .55 , a total asset turnover ratio of 1.30 , and a net profit margin of 9 percent. What must the dividend payout ratio be