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Need question answered as soon as possible preferably in a couple of hours. Income Statement Sales 32474 Costs 19484 EBIT 12990 Taxes @ 38% 4936
Need question answered as soon as possible preferably in a couple of hours.
Income Statement Sales 32474 Costs 19484 EBIT 12990 Taxes @ 38% 4936 Net Income 8054 Assets Balance Sheet 168204 Debt Equity 48071 120133 Total 168204 168204 Total Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2776 was paid and the company wishes to maintain a constant payout ratio. Next year's sales are projected to grow by 29%. What is the pro-forma value for equity? What is the external financing needed using the pro-forma approach? What are the internal and sustainable growth rates? (Round intermediate calculations to 5 decimal places. Round final answer to 2 decimal places for dollar amounts and 4 decimal places for growth rates). Pro-Forma Equity External Financing Needed Internal Growth Rate Sustainable Growth RateStep by Step Solution
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