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Exhibit A has the information about the change in production volume of sales for a company. This company will pay dividends on earnings of 20%.

Exhibit A has the information about the change in production volume of sales for a company. This company will pay dividends on earnings of 20%. using the percent of sales method: a. What would be the inventory for 2023? b. What would be the new financing every year? (assuming that the new financing is coming from the existing equity holders) c. What would be the new financing for 2019 if the payout policy is 30% dividends? Please show all working :)

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