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Current financial information for Henri Corp. are presented below $830 Income Statement Balance Sheet Current Sales $3,800 Current assets $4,200 liabilities Costs 1.800 Fixed assets

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Current financial information for Henri Corp. are presented below $830 Income Statement Balance Sheet Current Sales $3,800 Current assets $4,200 liabilities Costs 1.800 Fixed assets Long-term 5,400 debt Taxable income $2,000 Equity Taxes (24%) 480 Total $9,600 Total Net income $1,520 3,640 5,130 $9,600 Costs, current liabilities and assets are assumed to grow in proportion to sales. While long-term debt and equity are not. Assume the firm has a constant 50 percent dividend payout ratio. Analysts assume that next year's sales are projected to increase by exactly 30 percent Using the information above, estimate the external financing needed by Henri Corp. Multiple Choice O $1,643.00 O $1,092.00 K Multiple Choice $1,643.00 $1,092.00 $1,892.00 $1,693.00 $1,593.00

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