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Per the financial statements below, calculate the proforma financial statement and the external financing needed. Assume...

Per the financial statements below, calculate the proforma financial statement and the external financing needed. Assume a growth rate of 15 percent. It is predicted that costs and assets will increase by 15 percent as well. Additionally, a 50% dividend policy will be implemented in the pro-forma year.

EFN = Total assets – Total liabilities and equity

Income Statement

 Balance Sheet
Sales $36,000 Assets $26,400 Debt $6,300
Costs $29,800 Equity $20,100
Net Income $6,200 Total $26,400 $26,400
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