Question: Q2 D (20 Marks). Based on the following information for Rahul Enterprise what is EFN if sales are predicted to grow by 10%. Assume that
Q2 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
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