Question 2 The following information is the Profit and Loss Statement and Balance Sheet for the Greater Bay Company. Assume the company is operating at full capacity. The dividend payout ratio is constant. Required da) Use the percentage of sales approach to calculate the EFN if sales are predicted to grow at 10%. (4 marks) b) What is the Internal Growth Rate (IGR) that no EFN is required? Verify your solution to demonstrate that the EFN for the coming year is zero when sales will be growing at the IGR. (8 marks) Q. What is the Sustainable Growth Rate (SGR) that no EFN is required? Verify your solution to demonstrate that the EFN for the coming year is zero when sales will be growing at the SGR. (8 marks) (Total 20 marks)