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AHG Ltd has done a long-term forecast of its balance sheet. The projected total assets for the next year are $300 million. The current


 

AHG Ltd has done a long-term forecast of its balance sheet. The projected total assets for the next year are $300 million. The current liabilities are projected to be $200 million and other long-term liabilities are $85 million. The firm expects net income of $50 million and pays 88% as dividends. How much net new financing is needed in the following year?

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