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Based on the following information for the most recent year, what is EFN if sales are expected to grow at 15% next year? Assume the

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Based on the following information for the most recent year, what is EFN if sales are expected to grow at 15% next year? Assume the firm's dividend payout ratio and tax rate remain constant. The firm is currently operating at 95% capacity. Follow the standard EFN assumptions. Round your answer to the nearest $0.01 Income Statement Sales 8000 Costs 6000 Interest expense 1000 Taxable income 1000 Taxes 350 650 Net income Dividends 408 Assets Inventory 500 Accounts receivable 600 Fixed assets 6000 Total Assets 7100 Liabilities+OE Accounts payable 500 Long-term debt 5800 Owner's equity 800 TL+OE 7100

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