Assume sales will increase by 15%, project a new set of proforma financial statement for 2019. Assume the cost-to-sales ratio and the tax rate will be constant. A. What is the EFN? B. What is the total asset base needed to support the 15% increase in sales? 2018 Income Statement Sales 529,210 19,893 Taxes (2196) 1.936 Costs EBIT 9,313 Net income $ 738.85 2018 Balance Sheet Assets $ 70,150 Debt 326,000 Equity 543,100 Toul Liab & Equity $70,000 Total Assets $ 70,150 Answer below