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Zeus Aircraft Company reported sales of $890,000 at the end of last year, but this year, sales are expected to grow by 8%. Zeus expects

Zeus Aircraft Company reported sales of $890,000 at the end of last year, but this year, sales are expected to grow by 8%. Zeus expects to maintain its current profit margin of 23% and dividend payout ratio of 20%. The following information was taken from Zeuss balance sheet: Total assets: $475,000 Accounts payable: $70,000 Notes payable: $45,000 Accrued liabilities: $80,000 Based on the AFN equation, the firms AFN for the current year is Question Blank 1 of 2 choose your answer... . Round to the nearest whole number and include the appropriate unit of measure. Because of its excess funds, Zeus Aircraft Company is thinking about raising its dividend payout ratio to satisfy shareholders. Zeus could pay out Question Blank 2 of 2 choose your answer... of its earnings to shareholders without needing to raise any external capital. (Hint: What can Zeus increase its dividend payout ratio to before the AFN becomes positive?)

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