Company expects 2017 sales to increase by 18%. dividends payot ratio for 2017 will be 35%. The firm is operating at 95% capacity. Interest expense will remain constant; the tax rate will also remain constant. Costs, other expenses, current assets, fixed assets, fixed assets, and accounts payable increase spontaneously with sales. a) construct pro forma income statement and balance sheet of the company. Calculate the external financial requirement (EFN) which will be met by short term notes payable. Dont consider financial feedback. B) Calculate current ratio, debt ratio and ROE ratio for 2016 and 2017