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Assume Marble Is Projecting a 20% Increase in Sales for the Coming

Question 279

Multiple Choice

Assume Marble is projecting a 20% increase in sales for the coming year, and that assets, all costs, and current liabilities are proportional to sales. Long-term debt is not proportional to sales. Assume the firm's tax rate remains unchanged and the dividend payout is 40%. What is the external financing needed (EFN) for 2018 ($ in millions) ? A) $64.1 B) $110.9 C) $132.3 D) $146.7 E) $152.9 Assume Marble is projecting a 20% increase in sales for the coming year, and that assets, all costs, and current liabilities are proportional to sales. Long-term debt is not proportional to sales. Assume the firm's tax rate remains unchanged and the dividend payout is 40%. What is the external financing needed (EFN) for 2018 ($ in millions) ? A) $64.1 B) $110.9 C) $132.3 D) $146.7 E) $152.9 Assume Marble is projecting a 20% increase in sales for the coming year, and that assets, all costs, and current liabilities are proportional to sales. Long-term debt is not proportional to sales. Assume the firm's tax rate remains unchanged and the dividend payout is 40%. What is the external financing needed (EFN) for 2018 ($ in millions) ?


A) $64.1
B) $110.9
C) $132.3
D) $146.7
E) $152.9

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