Q3) Fan Inc. has a long-term debt ratio of 14% and a current ratio of...
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Q3) Fan Inc. has a long-term debt ratio of 14% and a current ratio of 1. Current liabilities are $500, sales are $4,500, the profit margin is 11%, and ROE is 15%. What is the amount of the firm's net fixed assets? (25 Points) Q4) The most recent financial statements for your company are as follows: Sales for 2022 are projected to grow by 15%; interest expense will remain constant; tax rate and the dividend payout rate will also remain constant; costs, other expenses, current assets, and accounts payable increase spontaneously with sales. If the firm is operating at 75% capacity and no new debt or equity is issued, what external financing is needed to support the growth rate in sales
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