If the retention rate is 0.75 and sales grow by 30%, how much external funding does the

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If the retention rate is 0.75 and sales grow by 30%, how much external funding does the firm need in order to fund growth?

Use the External Funding Needed formula to calculate. Attached is the Income Statement and the Balance Sheet.

Posted Date: May 19, 2024 08:09 PM

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If the retention rate is 0.75 and sales grow by 30%, how much external funding does the

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