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Need help with this question. Please explain if possible Tax 840 9. The Dalmation Corporation expects the following summarized financial results this year ($000). INCOME
Need help with this question. Please explain if possible
Tax 840 9. The Dalmation Corporation expects the following summarized financial results this year ($000). INCOME STATEMENT BALANCE SHEET Revenue $10,500 Assets Cost/expenses 9,100 Current assets $ 5,500 560 Net fixed assets 6,900 EAT Total assets $12,400 Dividends 420 Liabilities & equity Current $ 320 Debt 5,080 Equity 7,000 Total L&E $12,400 Use the EFR relation to estimate Dalmation's external funding requirements under the following conditions. a. Sales growth of 15% b. Sales growth of 20% and a reduction in the payout ratio to 25%. c. Sales growth of 25%, elimination of dividends, and a 4% improvement in ROSStep by Step Solution
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