Question: How much external financing is needed for a 25% increase in sales if Lizard & Co. is currently operating at full capacity? Assume only costs

How much external financing is needed for a 25% increase in sales if Lizard \& Co. is currently operating at full capacity? Assume only costs and total assets increase with sales, with no new current liabilities, debt, or stock needed. Use Exhibit II. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $0M b $38.0M $402.0M d $440.0M
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