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5. Sympatico Ltd, has a profit margin of 14% and a dividend payout of 45 %. Last year's sales were $5000 million and total assets were $3500 million. None of the liabilities vary directly with sales, but assets and costs do. If the sales growth rate for Sympatico Ltd. is 15%, how much external financing is needed? a) $98.5 million b) $70.9 million c)$91.4 million d) $82.2 million e) $77.2 million

5. Sympatico Ltd, has a profit margin of 14% and a dividend payout of 45 %. Last year's sales were $5000 million and total assets were $3500 million. None of the liabilities vary directly with sales, but assets and costs do. If the sales growth rate for Sympatico Ltd. is 15%, how much external financing is needed? a) $98.5 million b) $70.9 million c)$91.4 million d) $82.2 million e) $77.2 million

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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5. Sympatico Ltd, has a profit margin of 14% and a dividend payout of 45 %. Last year's sales were $5000 million and total assets were $3500 million. None of the liabilities vary directly with sales, but assets and costs do. If the sales growth rate for Sympatico Ltd. is 15%, how much external financing is needed? a) $98.5 million b) $70.9 million c)$91.4 million d) $82.2 million e) $77.2 million
Transcribed Image Text:5. Sympatico Ltd, has a profit margin of 14% and a dividend payout of 45 %. Last year's sales were $5000 million and total assets were $3500 million. None of the liabilities vary directly with sales, but assets and costs do. If the sales growth rate for Sympatico Ltd. is 15%, how much external financing is needed? a) $98.5 million b) $70.9 million c)$91.4 million d) $82.2 million e) $77.2 million
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