Your company is hoping to grow sales by 2 5 % this year, but it is unsure

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Question:

Your company is hoping to grow sales by

25 %

this year, but it is unsure how much in $ it needs in external financing. Calculate the $ amount needed in external financing. Provide your answer in dollars, without the $

.

Net income forecast: $

200, 000

Book Equity: $

1, 000, 000

%

of Assets made up by Equity:

42 %

%

of net income paid to shareholders:

2 %

Posted Date: May 18, 2024 11:06 PM

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Your company is hoping to grow sales by 2 5 % this year, but it is unsure

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