Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Use the following information to answer question no. 79 - 82: PT. XYZ has the following financial information for 2016. Sales = $2M. Net Income
Use the following information to answer question no. 79 - 82: PT. XYZ has the following financial information for 2016. Sales = $2M. Net Income is $0.4M, and $0.1M is paid to shareholder as dividend. Current Assets and Fixed Assets are $0.4M and $3.6M. respectively. Current Liabilities = $0.2M, Long-term Debts = $1M. Common Stock = $2M and Accumulated Retained Earning = $0.8M 79. What is the maximum growth can be achieved if PT. XYZ only uses internal financing? a. 7.4% b. 8.1% C. 9.2% d. 10.5% a. 80. What is the sustainable growth rate 10% b. 11% c. 12% d. 13% 81. If 2017 sales is projected to be $2.4M, what is the amount of external financing needed (EFN). assuming XYZ is operating at full capacity, and profit margin and payout ratio remain constant a. $0.9M b. $1.2M c. $1.4M d. $2.2M 82. From the previous questionm what is the EFN if XYZ is operating at 80% of capacity. a. $0.68 b. $0.92 c. $1.20 d. $1.55
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started