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The Most Recent Financial Statements for REM Co

question 30

Multiple Choice

The most recent financial statements for REM Co. are shown below. The most recent financial statements for REM Co. are shown below.   Assets and costs are proportional to sales. Debt is not. A dividend of $90 was paid, and REM wishes to maintain a constant payout to net income. Next year's sales are projected to be $480. What is external funds needed (EFN) ? A)  $240.00 B)  $132.00 C)  $60.00 D)  $168.00 Assets and costs are proportional to sales. Debt is not. A dividend of $90 was paid, and REM wishes to maintain a constant payout to net income. Next year's sales are projected to be $480. What is external funds needed (EFN) ?


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