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Calculating EFN Based on the following information for the Skandia Mining Company, what is EFN if sales are predicted to grow by 1 0 percent?

Calculating EFN Based on the following information for the Skandia Mining Company, what is EFN if sales are predicted to grow by

10

percent? Use the percentage of sales approach and assume the company is operating at full capacity. The payout ratio is constant.

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