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Munich Exports Corporation Based on the 2019 financial statements relationships, estimate the sustainable sales growth rate (in percentage) for the Munich Corporation for 2020 using

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Munich Exports Corporation Based on the 2019 financial statements relationships, estimate the sustainable sales growth rate (in percentage) for the Munich Corporation for 2020 using beginning and ending total equities. Round by two decimal places. Question 3 ( 0.4 points) Munich has a target dividend payout of 50 percent of net income. Based on the 2019 financial statements relationships, estimate the sustainable sales growth rate (in percentage) for the Munich Corporation for 2020. No rounding needed. Question 4 (0.4 points) Show how the above sustainable growth rate would change if Munich decided not to pay any dividends in 2020. Question 5 (0.4 points) Assume the Munich Corporation wants to grow its sales by 30 percent in 2020 over its 2019 level. Estimate the additional funds needed that will be necessary to support this rapid increase in sales. No rounding needed. Use the target dividend payout 50%

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