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10 pts Question 6 6. In 2018, Dahlia Corporation had sales of $40 million, net income of $5.6. million, and a dividend payout ratio of

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10 pts Question 6 6. In 2018, Dahlia Corporation had sales of $40 million, net income of $5.6. million, and a dividend payout ratio of 40%. The firm's total assets were $60 million and the firm had accounts payable and accruals of $8 million. All assets are presently being used at maximum capacity. If Tulip expects sales to increase by 25% next year, what will be the amount of discretionary financing needed? a. $5.53 million b. $6.30 million c. $7.03 million d. $8.80 million e none of the above

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