Question: When computing external financing needed, A. youll need to construct a current year income statement in order to determine the retention ratio. B. Generally assets

When computing external financing needed,

A. youll need to construct a current year income statement in order to determine the retention ratio.

B. Generally assets will increase proportionate to sales.

C. Total assets must be equal to total liabilities plus total owners equity.

D. Both A and C.

e. All of the above.

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