ABC, Inc's sales are expected to increase by 15%. Their finance manager has been given the task of calculating the additional funds needed to sustain this growth. (16 total points) 2. ABC Inc. Balance Sheet (S millions Cash and securities Accounts receivable 45 305 60 ABC, Inc. Income Statement (S millions) 710 500 Sales Total current assets Net fixed assets Total assets 2500 2300 200 110 90 36 54 24 1210 Total operating costs EBIT 50 interest 80 EBT sol Taxes (40%) 1801 |Net income 500 Dividends Accounts payable Notes Payable Accruals Total current liabilities Long-term debt Total liabilities 680 350 180 530 1210 Common stock Retained earnings Total common equity Total liab. &equity 315 Using the information from the balance sheet and the income statement, calculate the AFN for ABC, Inc. to be able to sustain the expected 15% sales growth. (10 Points) a. b. What is the self-supporting growth rate that ABC, Inc. is able to sustain without acquiring any external capital? (5 Points) M(HSR)S3 1u2 35 What is the dollar value of the additional sales the firm is able to sustain without acquiring any external capital? (1 point) c