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Iniversal Products Company has almost finished its pro forma financial statements for 2022 , as shown next. a. Assume that Universal plans to purchase $700,000

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Iniversal Products Company has almost finished its pro forma financial statements for 2022 , as shown next. a. Assume that Universal plans to purchase $700,000 in fixed assets during 2022 and to dispose of no fixed assets during 2022. What would be its forecast for net fixed assets in 2022 ? b. Assume that Universal plans to have a dividend payout ratio of 50 percent in 2022 and will neither sell nor repurchase equity during 2022. What would be its forecast for owner's equity in 2022 ? c. Given the assumptions in questions (a) and (b), what is Universal's projected external funding required for 2022

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