Based on the excel information provided, please answer the following using excel formula's: Assume you are sitting
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Based on the excel information provided, please answer the following using excel formula's:
- Assume you are sitting in a board meeting discussing the firm’s plans for sales growth. You are telling the board that you expect to grow sales by 20 %. After explaining your plan, a board member asks you for an estimate of how much funding you will need in 2020. What is your answer if you use the formula for External Funds Needed?
- Now assume the board member asks whether or not you can achieve the growth holding your capital structure constant. What is your answer?
Related Book For
Fundamentals of Physics
ISBN: 978-0471758013
8th Extended edition
Authors: Jearl Walker, Halliday Resnick
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