Question: 2 D (20 Marks). Based on the following information for Rahul Enterprise what is EFN if sales are predicted to grow by 10%. Assume that
2 D (20 Marks). Based on the following information for Rahul Enterprise what is EFN if sales are predicted to grow by 10%. Assume that the company is operating at full capacity and the pay out ratio is constant. Sales-$4,250; Cost $3,876; Taxes 34%. Dividend is 33% of Net Income Current Assets $900; Net Fixed Assets - $2,200; Current Liabilities $500; Long Term Debt - $1,800; Owners Equity? Hearber 100% +
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