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Lothbrok Industries Ltd. Income Statement (Millions USD) Revenue Cost Of Goods Sold Gross Profit Selling General & Admin Exp. Depreciation & Amort. Operating Income Interest

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Lothbrok Industries Ltd. Income Statement (Millions USD) Revenue Cost Of Goods Sold Gross Profit Selling General & Admin Exp. Depreciation & Amort. Operating Income Interest Expense Earnings Before Tax Income Tax Expense Net Income 2020 270 154 116 74 10 32 16 26 18 B $0.40 Per Share Items EPS Common Shares Outstanding millions Dividends per Share Payout Ratio 36.99 Lothbrok Industries Ltd. 2019 2020 Balance Sheet, (millions USD) ASSETS Cash And Equivalents Accounts Receivable Inventory Prepaid Exp. Total Current Assets Gross Property, Plant & Equipment Accumulated Depreciation Net Property, Plant & Equipment Other Non-operating Assets Total Assets 21 115 4 140 230 (88) 142 50 21 120 4 145 244 (86) 158 52 355 332 26 25 8 27 LIABILITIES Accounts Payable Accrued Exp Short-term Borrowings Other Current Liabilities Total Current Liabilities Long-Term Debt Other Non-Current Liabilities Total Liabilities 71 76 18 165 37 14 77 70 29 176 Total Equity Total Liabilities And Equity 167 332 179 355 Calculate the additional financing, if any, the firm will need over the next'year in order to achieve sales of $324 million. Assume all assets vary with sales, all ratios remain constant and that any debt or borrowing is non-spontaneous financing

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