Douglass Enterprises Income Statement for the Present Year Sales Costs Taxable income Taxes Net Income Dividends Addition to retearnings $4.840 $4.120 $ 720 $ 245 $ 475 $ 190 $ 285 Douglass Enterprises Balance Sheet for the Present Year Cash $1,010 Accounts payable $ 536 Accounts rec $ 302 Notes payable $1.500 Inventory S 361 Current liabilities $2,036 Current assets S1.673 Long-term deht $1.200 Fixed assets $5.200 Common stock $3,000 Retained earnings $ 637 Total assets $6,873 Total liabilities. If $6,873 equity 1) The sales of the company are expected to increase by 14% next year. The firm is currently producing at full capacity. The company wishes to maintain a constant debt-equity ratio and a constant dividend payout ratio. Calculate the external financing amount for the company. (20 marks) 2) What is the Internal growth rate for the company? (20 marks) 3) What is the sustainable growth rate for the company? (20 marks) 4) How do you compare the two growth rates of the company? Which one of the two is likely to help the company more in initiating capital investment projects in the future? (20 marks) 5) Calculate ROE through Dupont identity and describe the sources of return for the company. (20 marks)