No . 5 Build a financial model on the following template . Assume that the WACO is 20 % Also assume the debt and equity remain the same . The FCF long-term growth rate is the same as the sales growth rate . ( You may want to copy the table into Excel . ) Sales growth 10% Current assets / sales 15% Current liabilities / Sales 8% Net fixed assets / sales 77 cost of goods sold / sales 50 depreciation rate 10% interest rate on debt 10% interest paid on cash and marketable securities 8% tax rate 40% dividend payout ratio 40 0 Year income statement sales 1000 cost of goods sold 500 intoroc yment on doh