> Take Test: HW #6 - Chapter 18 "Bruto's sales for year 2020 were $115 millions of dollars. For that year the cost of sales without depreciation was 22%, the value of depreciation was 9% the value of sales, and interest expense was 18 millions of USD.Assuming that the income tax for the company is 35%, that sales are expected to increase in 35%, and that interest expense will remain constant at the 2020 levels, what is the company's forecast for Net Income in 2021, in millions of dollars? Note: Express the terms of your answer strictly numerical terms." QUESTION 2 10 points Save Answer "Metronic has $190M in equity and $79M in debt and forecasts $30M in net income for the year. It currently pays dividends equal to 35% of its net income. You are analyzing a potential change in payout policy -a decrease in dividends to 20% of net income. How would this change affect your internal and sustainable growth rates? Question: What is the internal growth rate of Metronic under the current payout policy? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05" QUESTION 3 10 points Save Answer "Metronic has $190M in equity and $79M in debt and forecasts $30M in net income for the year. It currently pays dividends equal to 35% of its net income. You are analyzing a potential change in payout policy -an increase in dividends to 20% of net income. How would this change affect your internal and sustainable growth rates? Question: What is the sustainable growth rate of Metronic under the current payout policy? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05"