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Here are the abbreviated financial statements for Planners Peanuts Income Statement, 2019 Sales $2,234 Costs 1,788 Net income $ 446 Assets Balance Sheet, Year-End 2018

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Here are the abbreviated financial statements for Planners Peanuts Income Statement, 2019 Sales $2,234 Costs 1,788 Net income $ 446 Assets Balance Sheet, Year-End 2018 2019 2018 2019 $2,790 $3,671 Debt $ 821 $1,194 Equity $1.969 2.427 $2,790 $3,671 Total $2,790 $3,671 Total If the dividend payout ratio is fixed at 50%, calculate the required total external financing for growth rates in 2020 of 15%, 20%, and 25%. (Do not round Intermediate calculations, Round your answers to 3 decimal places.) 15% Required external financing Growth Rate 20 255 $ 5

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