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PT ABC's 2020 financial statements are as follows: Dividend $ 71.482,75 EBIT 28.3% of Sales interest (9%) $ 23.400,00 Tax 34% Asset $ 620.400,00 Cash
PT ABC's 2020 financial statements are as follows: Dividend $ 71.482,75 EBIT 28.3% of Sales interest (9%) $ 23.400,00 Tax 34% Asset $ 620.400,00 Cash 4.25% of sales Notes Payable $ 18.000,00 A/R 5.2% of Sales LTD $ 223.000,00 Fixed Aset 52.75% of Sales Common stock $ 160.000,00 COGS + Other exp 71,7% of Sales Retained Earning $ 150.760,00 Retention rasio 52% Based on these financial statements: a) How much will PT ABC's sales be in 2020? The amount of Inventory and Account payables in 2020? b) The assumption that PT ABC's sales in 2021 will increase by 36%, the nominal interest payment is fixed (dollar value does not change), the company maintains a retention ratio and all assets and accounts payables proportionally to follow changes in sales How much EFN does the company need
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