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Hi there I need this answer Asap. Thank you 1. 22. value: 4.00 points Note: This question will not be automatically graded. It will be
Hi there I need this answer Asap. Thank you
22. value: 4.00 points Note: This question will not be automatically graded. It will be sent to your instructor for review. Here are the abbreviated financial statements for Planners Peanuts: Sales Income Statement, 2015 $3,130 1,120 Costs Net income $ 2,010 Balance Sheet, Year-End 2015 $4,490 Debt Equity 2014 $4,490 Assets 2014 $1.230 3.260 2015 $1,980 2,510 Total $4,490 $4,490 Total $4,490 $4,490 if sales increase by 22% in 2016, and the company uses a percentage-of-sales planning model (meaning that all items on the income and balance sheet also increase by 22%). The balancing item in this case, will be dividends What will be the value of the dividends (show your work for partial marks) 1.
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