The income statement and balance sheet for Pear & Peach ltd for the year ending 31st March 2021 look like the following:

000

Revenue 9500

Profit after interest & tax 1900

Dividends 665

Retained earnings 1235

Non-current assets 19000

Current assets 11400

Total assets 30400

Equity 15000

Cumulated retentions 7550

Non-current liabilities 5000

Current liabilities 2850

Total liabilities and equity 30400

The firm is operating at full capacity and as efficient as it can. The CFO of firm feels she is confident that the firm is able to raise an additional of 2000 thousand pounds of equity finance in the next year. If this is the case and if the firm uses the simple % of sales approach to forecast its finance needs, what will be the firms sales growth rate next year? Provide the forecasts of balance sheet and P&L for the next year.