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Based on the following information for the XYZ Company for the year 2021-22, what is EFN if sales are predicted to grow by 15 percent?

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Based on the following information for the XYZ Company for the year 2021-22, what is EFN if sales are predicted to grow by 15 percent? Use the percentage of sales approach and assume the company is operating at the full capacity. The payout ratio is 50% and expected to remain constant. Assume that the EFN would be filled up using long term debt

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