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

2 2 Click to see additional instructions Consider the following figures: = -

Click to see additional instructions Consider the following figures: = - Net Current Assets = $100 Net Fixed Assets = $200 Long Term Debt = $150 Equity = $150 Sales = $1000 Costs = $800 Taxes = $68 = - 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 2 (two) decimal places (eg. 95.67)]. EFN = $ -8

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