Assumptions:

Sales increase at a rate of

Cost of goods sold increases at rate of

despite depreciation remaining constant.

Other operating expenses increase at the same rate experienced from $2012$ to $2013$; i$.$e$.,$ at

$\backslash$table$[[,],[$Depreciation remains constant at$,],[$Dividends remain at$,$per share.$],[$Plant expansion is financed equally over the two years$(,],[$Loan extension is granted.,$]]$