need 8-10

8. Assume the firm has a constant dividend payout ratio and a constant debt-equity ratio. What is the sustainable rate of growth? a. 2.91 percent b. 2.98 percent c. 4.98 percent d. 5.62 percent Assume the firm has a constant dividend payout ratio and a projected sales increase of 10 percent. All costs, assets, and current liabilities vary directly with sales. The firm is currently at full production. What is the external financing need? a. $576 b. $876 c. $2,430 d. $9,336 FN= 10. Assume the firm has a constant dividend payout ratio and a projected sales increase of 10 percent. All costs and net working capital vary directly with sales. The firm is currently producing at 90 percent f capacity. What is the external financing need? a. $178 b. $122 c. $576 d. $876 8. Assume the firm has a constant dividend payout ratio and a constant debt-equity ratio. What is the sustainable rate of growth? a. 2.91 percent b. 2.98 percent c. 4.98 percent d. 5.62 percent Assume the firm has a constant dividend payout ratio and a projected sales increase of 10 percent. All costs, assets, and current liabilities vary directly with sales. The firm is currently at full production. What is the external financing need? a. $576 b. $876 c. $2,430 d. $9,336 FN= 10. Assume the firm has a constant dividend payout ratio and a projected sales increase of 10 percent. All costs and net working capital vary directly with sales. The firm is currently producing at 90 percent f capacity. What is the external financing need? a. $178 b. $122 c. $576 d. $876 \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Current Income Statement } & \multicolumn{4}{|c|}{ Current Balance Sheet } \\ \hline Net sales & $5,200 & Cash\A & $720 & Accounts payable & \$ 910 \\ \hline Less: Cost of goods sold & 3,360 & Accounts rec. (A & 550 & Long-term debt CF+C & 3,630 \\ \hline Less: Depreciation & 950 & Inventory CA & 860 & Common stock S & 3,000 \\ \hline EBITLess:Interestpaid & 890 & Total & $2,130 & Retained earnings & 2.130 \\ \hline Less:InterestpaidTaxableIncome & 290 & Net fixed assets & 7.540 & & \\ \hline TaxableIncomeLess:Taxes & $600 & Total assets & $9.670 & Total liab. \& equity & $9.670 \\ \hline Less:TaxesNetincome & 210 & & & & \\ \hline Net income & $390 & & & & \\ \hline Dividends & $117 & & & & \\ \hline \end{tabular}