Question: Current financial information for Henri Corp. are presented below $800 Income Statement Balance Sheet Current Sales $3,700 Current assets $3,400 liabilities Long-term Costs 1,900 Fixed

 Current financial information for Henri Corp. are presented below $800 Income
Statement Balance Sheet Current Sales $3,700 Current assets $3,400 liabilities Long-term Costs

Current financial information for Henri Corp. are presented below $800 Income Statement Balance Sheet Current Sales $3,700 Current assets $3,400 liabilities Long-term Costs 1,900 Fixed assets 5,400 debt Taxable income $1,800 Equity Taxes (21%) 378 Total $8,800 Total Net income $1,422 3,660 4,340 $8,800 Costs, current liabilities and assets are assumed to grow in proportion to sales. While long-term debt and equity are not. Assume the firm has a constant 60 percent dividend payout ratio. Analysts assume that next year's sales are projected to increase by exactly 25 percent. Using the information above, estimate the external financing needed by Henri Corp. Multiple Choice $1,239.00 Using the information above, estimate the external financing needed by Henri Corp. Multiple Choice $1,239.00 $1,289.00 O $1,339.00 $915.00 $1.489.00

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