SWs projects its sales willy num capacit, which means that constant as a fraction of sales. The tas rate and divi rilesersnle%) No.ales (in othe, wert", sher wili re.nain (13 polats) payout ratio will vonain at the 20io levet assuning no change in interest Roma (i.a, prejecte) net inecome for 2017 Pro Forma NI 72 & (l poind What is the pro forma accounts re Pro ForMa AR e. 2 points) What is the pro forma Net Fixed Anaets balance? Pro Forma NPA points) What is the pro forma retained ouarnings for 20177 Pro Forma RE d. (2 (3 points) How much (if any) additional debt is required if no new equity is raised? e, Additional Debt = f (3 points) How fast can SWS grow assuming that it keeps the same Growth Rate- SWS Income Statement 2016 90,000 58,500 5,000 26,500 7,500 19,000 7,600 11,400 6840 Sales COGS Depreciation EBIT Interest Tax Income Taxes Net Income Dividends 2016 18,750 7,500 Current Liabilities Accounts receivable Inventory Current Assets 22,500 9.375 LT Debt 39,375 Total Liabilities 43.750 62,500 Net Fix. Assets 148.092 Common Stock 5,592 Retained Earnings112373 Total iab& OE Total Assets 187,467