L T - FINANCIAL PLANNINE EXERCISES eh n . SALES NE TA te 6 ( ch . = 3 appendi X ) 200 000 ' 18500 = 300000 = = 250000 DNID DIVID . . = 7400 PAYOUT Ratio 7400/18500 = = RET Ratio . = 1- 40% = 40% 60% SGR.it?s?-aoxoeD/!!.oI SER = 0.0444 o.Y-4.ae NEW ASSETS = REQUIRED | = 300000 + (1.0464) issata 313.938 CURRENT DEBT :/ - = ✓ 300000 TE ti = 50000 250000 PRÒECTED EQUITY + = 250000 t [ soso.iq) starmi NENNI . } µ O RET . RATIO = 261615 NEW DEBT = REOUIRED 313938 261615 - [ 52323 ÷ % : :O : " - ¥ = 57=0.2 250 - Ooo D' - E ' = / = 52323 - 261615 0.2 DA 2323 A D= 52323 -5000 la M 4 Con 3- Appendi . . ASSETS SALES NE = 2000 = = D 2500 150 EQUITY PAYaut = 800 Ratio SGR = - Roe 40% (s paratia) - Felipe) ROE = 150/800 = 18.75% SGR = I. = 18.75%(1-0.4) È) sa . oh 17h PM ? desired HINT ROEla-t.tt % [1 Reece ai] - - ROE (1- 40 %) 7% ' @e--24.rEo t.pt ÌL %E ti PM = 7.75%