Calculate financial ratios for East Coast and compare them to their industry. What conclusions do you draw?
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Question:
Calculate financial ratios for East Coast and compare them to their industry. What conclusions do you draw?
Do a proforma for the next year,
. Assume Sales grow at 20%.
The firm stays as efficient as they currently are.
The firm would keep the same dividenD payout ratio.
Ex
external financing needed would come from debt. The interest rate would be
6.5%.
Expert Answer:
To begin lets first calculate some financial ratios for East Coast and compare them to the industry ... View the full answer
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