a. projected funding for next year (in million $)?

b. projected current liablities (in million $)?

c. projected equity for next year (in mil $)?

d. EFR for next year (mil $)?

Mickey Inc. is about to open a new amusement park and expects sales to grow by 50% next year. The income statement and balance sheet for the previous year are given below (in $ million): Line item Sales Operating costs Depreciation EBIT Interest Taxes Net income - Dividends - Addition to retained earnings Previous 105 73.5 21 10.5 4.2 2.205 4.095 2.048 2.048 Interest expenses and the tax rate and payout ratio will stay the same. Assets Cash Accounts receivable Inventory Current assets Machines Real estate 16 8.6 19 43.6 34 21 55 98.6 Liabilities and Equity Accounts payable 30 Accrued wages 12 Notes payable 2.8 Current liabilities 44.8 Long-term debt 48 Total liabilities 92.8 Total equity 5.8 Liabilities & equity 98.6 Fixed assets Total assets Accounts payable and accrued wages are expected to increase at the same rate as sales. Assets would grow at the same rate if the company operated at full capacity, but capacity utilization was only 91% last year. Mickey Inc. is about to open a new amusement park and expects sales to grow by 50% next year. The income statement and balance sheet for the previous year are given below (in $ million): Line item Sales Operating costs Depreciation EBIT Interest Taxes Net income - Dividends - Addition to retained earnings Previous 105 73.5 21 10.5 4.2 2.205 4.095 2.048 2.048 Interest expenses and the tax rate and payout ratio will stay the same. Assets Cash Accounts receivable Inventory Current assets Machines Real estate 16 8.6 19 43.6 34 21 55 98.6 Liabilities and Equity Accounts payable 30 Accrued wages 12 Notes payable 2.8 Current liabilities 44.8 Long-term debt 48 Total liabilities 92.8 Total equity 5.8 Liabilities & equity 98.6 Fixed assets Total assets Accounts payable and accrued wages are expected to increase at the same rate as sales. Assets would grow at the same rate if the company operated at full capacity, but capacity utilization was only 91% last year