Question: H - Given the following information: current assets = $400; fixed assets = $400; long-term debt = $455; equity $300; sales $470; costs $400; tax

H - Given the following information: current assets = $400; fixed assets = $400; long-term debt = $455; equity $300; sales $470; costs $400; tax rate= 34%. Suppose that assets and costs maintain a constant ratio to sales. What is the total external financing needed if sales increase 25%? Assume the firm pays no dividends. Select one: a. $167.25 b. $142.25 c. $183.75 d. $380.25 e. $143.75 then procent value

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