Intro

Wish Inc. sells low$-$cost items online. Its most recent income statement $($whole

year $2022)$ and balance sheet $($end of year $2022)$ are given below:

Sales, total assets and costs are expected to grow by $10\%$ the following year.

Part $1$

If company expects to keep Debt$-$Equity ratio unchanged from year to year, based

on your projected figures, what's the amount of dividend $($$ million$)$ that company

is likely to pay out in the following year?

Part $2$

If company will not pay dividend in the following year, neither will any equity

financing transactions $($e$.$g$.,$ new capital injection, share repurchase$)$ occur in the

following year, what is your projected debt balance?