affected funge the uise of cownercial paper Determine the Amount of extemal finanelal reguirements for the next two years A profurma balance sheet as of 3r4 Dec. 2 ll Aidetional inpromation For the year ended 31DeC2016 sales meredthe is 54.240,000,000. the frow pryects taat te Sales will increale by 152in the year 2d1 and 2dy in the year 20/8 The After tax prifat on sale has been 112 bui the Naaagenent is pessimastic abuet the futus operating cast and intends to use a axter tax propts sales rafos of 8 ? p.? The firm interds to maintain its dniturds divides webe pay out ratio of 80% of Aseets are expected