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Please see below Company U's financial statements in 2020: Income Statement Balance Sheet Current Sales $3,800 Current assets $4,400 liabilities $910 Costs 2,500 Fixed assets

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Please see below Company U's financial statements in 2020: Income Statement Balance Sheet Current Sales $3,800 Current assets $4,400 liabilities $910 Costs 2,500 Fixed assets 5,200 Long-term 3,570 Taxable income $1,300 Taxes (23%) 299 Net Income $1,001 debt Equity Total Total $9,600 5,120 $9,600 We know that Company U's Assets, costs, and current liabilities are proportional to sam while long term debt and equity are not Analysts predict a 25 percent growth in Company U's sales in 2021. The management wants to maintain a constant 70 percent dividend payout ratio. Calculate the EFN (external financing needed)

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