Question $7$: Creative Analysis, Inc. is currently operating at maximum capacity. Assume that all costs and net working capital vary directly with sales. The dividend payout ratio will remain constant. How much is the External Financing needed $($EFN$)$ if sales are projected to increase by $10\%?$

a$.-$$$25\mathrm{.}1$

b$.$$$156\mathrm{.}1$

c$.$$$296\mathrm{.}5$

d$.-$$$67\mathrm{.}6$

e$.$$$274\mathrm{.}9$

Referring to question $(7),$ if all information regarding Creative Analysis Inc. is the same except that the company is operating at $70\%$ capacity. How much would be the External Financing needed $($EFN$).$

a$.$It will be the same as the answer in question $7$

b$.-$$$14\mathrm{.}0$

c$.$$$54\mathrm{.}9$

d$.$$$3\mathrm{.}8$

e$.-$$$23\mathrm{.}68$

f$.$$$21\mathrm{.}7$