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Question7NotyetansweredMarkedoutof0.50FlagquestionContinuefrompreviousquestions.ConsiderthefollowingincomestatementandbalancesheetforXCCorporation: XC Corporation has a dividend payout ratio 34%. A 14 % growth rate in sales is projected. Assume that XC Corporation works at full

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Question7NotyetansweredMarkedoutof0.50FlagquestionContinuefrompreviousquestions.ConsiderthefollowingincomestatementandbalancesheetforXCCorporation: XC Corporation has a dividend payout ratio 34%. A 14 \% growth rate in sales is projected. Assume that XC Corporation works at full capacity. Hence, all assets move in proportion to sales. Also, assume that current liabilities move in proportion to sales. Company maintains the dividend payout ratio. Calculate the external financing needed (EFN)

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