Question: 2 Click to see additional instructions Consider the following figures: Net Current Assets = $100 Net Fixed Assets = $200 Long Term Debt $150 Equity

Click to see additional instructions Consider the following figures: Net Current Assets = $100 Net Fixed Assets = $200 Long Term Debt $150 Equity 5150 Sales - $1000 Costs $800 Taxes = 568 Assume that costs and current assets increase at the same rate as sales, but debt and equity do not. The tax rate is constant. Also assume that 80% of net income is paid out in dividends, and the firm's fixed assets are being used at 95% capacity. If sales grow by 25%, what is the EFN needed? [Round your final answer to Z (two) decimal places (eg. 95.673) EFN=5 Mark for Review What's This

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