Question: Given the information below, what is firm's external financing need (EFN)? Assumption: Automatic Liabilities = Current Liabilities Sales 1000 Net Income 50 Dividends 20 Total

Given the information below, what is firm's external financing need (EFN)? Assumption: Automatic Liabilities = Current Liabilities Sales 1000 Net Income 50 Dividends 20 Total Assets Current Liabilities Long Term Debt Equity 500 100 200 200 Projected Sales Growth Rate 0.1 37 7 -4 18 -15
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