Question: You are estimating your company's external financing needs for the next year. At the end of next year, you expect that owners' equity will be
You are estimating your company's external financing needs for the next year. At the end of next year, you expect that owners' equity will be $94 million, total assets will amount to $233 million, and total liabilities will be $96 million. Your firm need to borrow, or otherwise acquire, from outside million? sources during the next year of $
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