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Income Statement Sales $2,000 -Costs 1,800 ____...

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Income Statement Sales $2,000 -Costs 1,800 ______________ Taxable income $ 200 -Taxes (34%) 68 _______________ Net Income $ 132 _______________ _______________ Retained Earnings $88 Dividends $44 Balance Sheet Current Assets $500, Fixed Assets 1,150, Total $1,650 Current Liabilites $165, Long Term Debt 535, Equity 950 Total $1,650 Ryan & Co forcasts that sales next year will be $2,200. Costs, assets, and current liabilities increase proportionately with sales, and the retention ratio remains constant. Compute external financing needed and the internal growth rate and sustainable growth rate.

 

Paper#8647 | Written in 18-Jul-2015

Price : $25
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