Consider the following discussion between two analysts regarding estimating financing requirements for their company for the upcoming year.

Analyst A: Look, here are the numbers. We need $60 million for new plant and equipment investment. Also we need $15 million for replacing some of our older equipment. The $15 million is, of course, a netted number that reflects any salvage of older equipment that may be possible. Altogether, our total financing requirement is $75 million.

Analyst B: I think there are a couple of other things we ought to consider before we can decide what our total financing needs are.

Analyst A: Like what?

Analyst B: Well, we should consider.......

Finish B's answer.