#7: You are given the most recent financial statements for Jifan Inc. Sales for 2022 are projected to grow by 20 percent. Interest expense, the tax rate and the dividend payout ratio will remain constant. Costs, other expenses, assets and accounts payable increase spontaneously with sales. a) If the firm is operating at full capacity and no new equity is issued, how much EFN is required to support the 20 percent growth rate in sales? b) Suppose the firm was only operating at 80% capacity in 2021. What is the EFN now? c) Suppose the firm was only operating at 80% capacity in 2021 and now wants a 40% increase in sales for 2022 . What is the EFN now? Round all your answers to the nearest dollar. #7: You are given the most recent financial statements for Jifan Inc. Sales for 2022 are projected to grow by 20 percent. Interest expense, the tax rate and the dividend payout ratio will remain constant. Costs, other expenses, assets and accounts payable increase spontaneously with sales. a) If the firm is operating at full capacity and no new equity is issued, how much EFN is required to support the 20 percent growth rate in sales? b) Suppose the firm was only operating at 80% capacity in 2021. What is the EFN now? c) Suppose the firm was only operating at 80% capacity in 2021 and now wants a 40% increase in sales for 2022 . What is the EFN now? Round all your answers to the nearest dollar