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PT. Gacor 888 is a company engaged in manufacturing in the industry Beauty. This company produces foundation powder, eyeliner, face wash and so on.
PT. Gacor 888 is a company engaged in manufacturing in the industry Beauty. This company produces foundation powder, eyeliner, face wash and so on. The company is currently operating at 90% capacity. Along with increasing post-Covid-19 public demand, increased sales and production are projected to increased by 25% in 2022. Interest expense, tax rate and rate dividend payments are assumed to be constant. The following is the income statement and position statement finance PT. Gacor 888 in 2021. PT. Gacor 888 Income Statement 2021 Sales 2,750,000 Costs 1,250,000 EBIT 1,500,000 Interest Expenses 60,000 Taxable Income 1,440,000 Tax 504,000 Net Income dividend 936,000 655,200 Retained Earnings 280,800 PT. Gacor 888 Balance Sheet 2021 ASSETS Current Assets Cash A/R LIABILITIES & EQUITY Current Liabilities 1,500,000 A/P 531,000 615,000 N/P 119,000 Inventory 1,300,000 Total Current Liabilities 650,000 Total Current Assets 3,415,000 Long Term Liabilities 2,142,000 Fixed Assets Net plant and equipment 7,691,000 Owner's Equity Common Stock 2,725,000 Retained Earnings 5,589,000 Total Equity 8,314,000 Total Assets 11,106,000 Total Liability & Equity 11,106,000 Based on the financial statements of PT. Gacor 888 above, then: a. make a projection of the income statement and statement of financial position (balance sheet) using the percentage of sales method! b. calculate the External Financing Needed (EFN) required by PT. Gacor 888! c. calculate the External Financing Needed (EFN) required by PT. Gacor 888 if production capacity in 2021 by 75%! d. calculate the internal growth rate and the growth rate (Sustainable Growth Rate) and its interpretation!
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