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Based on the following information, what is EFN is sales are expected to grow at 20% next year? Assume the firm's dividend paid will be
Based on the following information, what is EFN is sales are expected to grow at 20% next year? Assume the firm's dividend paid will be the same next year (total $). The firm is currently operating at 90% capacity. Round your answer to the nearest $0.01
Income Statement | |
Sales | 4250 |
COGS | 2700 |
SG&A | 400 |
Interest expense | 75 |
Taxable income | 1075 |
Taxes | 322.5 |
Net income | 752.5 |
Dividends | 600 |
Assets | Liabilities+OE | ||
Current assets | 900 | Accounts payable | 500 |
Fixed assets | 5000 | Long-term debt | 4600 |
Owner's equity | 800 | ||
Total Assets | 5900 | TL+OE | 5900 |
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