Forecast Income Statement, Balance Sheet, EFN assuming a growth rate of 20% for next year. The latest relevant data from balance sheet (beginning of year, Jan 2015) and income statement( end of year, Dec 2015) are given in concise form: TA = 500m, S = 1000m, CL = 200 m but out of that 50 million rupees is notes P/A to MCB, a short term loan, rest of the CL are all spontaneous CL. NI =100m, Total Cash Dividends paid = 30m. Find: TFN (total funds needed) to expand TA to support growth in sales. Funds generated by spontaneous increase in liability Funds generated by increase in RE Internally generated funds ( items 2 + 3 above) EFN ( external funds needed) ( Item 1 - 4 above) Sustainable growth rate for this firm EFN, at 60% growth rate in sales