Question
The Dalmation Corporation expects the following summarized financial results this year ($000). Income Statement Balance Sheet revenue- $10,500 Assets Cost-9,100 Current - 5500 Tax- 560
The Dalmation Corporation expects the following summarized financial results this year ($000).
| Income Statement | Balance Sheet |
| revenue- $10,500 | Assets |
| Cost-9,100 | Current - 5500 |
| Tax- 560 | Fixed - 6900 |
| Net Income- 840 | Total - 12400 |
| Dividends- 420 | Liabilities & Equity |
| Current - 320 | |
| Debt - 5080 | |
| Equity - 7000 | |
| Total L&E - 12400 |
Use the EFR relation to estimate Dalmation's external funding.
a.Sales growth of 15%
b.Sales growth of 18% and a reduction in the payout ratio to 25%
c.Sales growth of 25%, elimination of dividends, and a 4% improvement in ROS
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Emerging Market Finance New Challenges And Opportunities
Authors: Bang Nam Jeon, Ji Wu
1st Edition
1839820594, 978-1839820595
