please answer #3. I have posted the questions separately.

Aner Chits completed the ratio halyns r Chapter 3), Mark and Todd approached him about planning this end, they would like Chris to prepare a financial plan for for next year's sales. The company had historically used little planning for investment needs. As a result, the company ex investment requirements. The income statement and balance perienced some challenging times because of cash flow prob- sheet are shown here: ems. The lack of planning resulted in missed sales, as well as the next year so S&S AIR, INC 2018 income Statement $46,298,115 4,536,913 Cost of goods sold Other experses 2,074% 3815,484 725.098 s 3,090,386 772,597 2,317,789 - EBIT Tsxable income Taxes (21%) Net income S 705.000 1,612,789 Add to retained earnings S&S AIR, INC. 2018 Balance Sheet Assets Llabifities and Equity Current assets Current Babilties s 1,068,356 524,963 843,094 Accounts peyable Notes payable Accounts recelvable Total current liabilities 2.603218 Long tem detbt 3507.909 6,300,000 Total current sssets Fued assets Net plant and equipment $20381945 Shareholder equity Common stock Retained earnings Tatal equty $ 460,000 12,717 25 13,177 254 Total assets Total liabilities and equity $22,985.163 fixed assets must be increased in specific amounts because it is impossible, as a practical matter, to buy part of a pew plant or machine. In this case, a company has a "staircase" r "lumpy" fixed cost structure. Assume S&S Air is cur- rently producing at 100 percent capacity. As a resalt, to ncrease production, the company must set up carey new line at a cost of $5,000,000. Calculate the new EPN with this assumption. What does this imply about capacity utilization for the company next year QUESTIONS 1. Calculate the internal growth rate and sustainable growth rate for S&S Air What do these pumbers mean? 2. S&S Air is planning for a growth rate of 12 percent next year Calculate the EPN for the company assuming the company is operating at full capacity. Can the company's sales increase at this growth rate? Most assets ean be increased as a percentage of sales. For instance, cash can be increased by any amouat. However 3