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1. Given that your company has the following information: Total asset = RM1500, Debt = RM750, Equity = RM750, Dividend = RM250 and Retained earning
1. Given that your company has the following information:
Total asset = RM1500, Debt = RM750, Equity = RM750, Dividend = RM250 and Retained earning = RM750. If the growth rate of the company will be 15%, 25% and 35% in years 2022, 2023 and 2024 respectively, determine the following (Use Table to present your answer):
Additional asset that will be required
Amount that will be added to retained earnings
Amount of external financing required
Planned debt to equity ratio
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