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Here are the abbreviated financial statements for Planners Peanuts: Sales Costs Income Statement, 2015 $2,004 1.749 Net income $ 255 2014 2014 $2,838 Assets Balance
Here are the abbreviated financial statements for Planners Peanuts: Sales Costs Income Statement, 2015 $2,004 1.749 Net income $ 255 2014 2014 $2,838 Assets Balance Sheet, Year-End 2015 $3,818 Debt Equity $999 $1.839 2015 $1,030 2.788 Total $2,838 $3,818 Total $2,838 $3,818 If the dividend payout ratio is fixed at 50%, calculate the required total external financing for growth rates in 2016 of 15%, 20% and 25% (Round your answers to 3 decimal places.) 15% 20% 25% Growth Rate Required external financing
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