Question: 7 options: (Do not round intermediate calculations. Round your answers to 2 decimal places) Here are the abbreviated financial statements for Whispering Pipes: Income Statement,
7 options: (Do not round intermediate calculations. Round your answers to 2 decimal places) Here are the abbreviated financial statements for Whispering Pipes: Income Statement, 2019 Sales $2,234 Costs 1,788 Net income $446 Balance Sheet, Year-End 2018 2019 2018 2019 Assets $ 2,790 $ 3,671 Debt $ 821 1,194 Equity $ 1,969 2,477 Total $ 2,790 $ 3,671 Total $ 2,790 $ 3,671 If the dividend payout ratio is fixed at 50%, the forecasted retained earnings in 2020 with a growth rate of 20% is $ and required total external financing for growth rate in 2020 of 20% is $
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