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14. A firm has prepared the coming year's pro forma balance sheet resulting in a plug gure in a preliminary statementcalled the external financing requiredof
14. A firm has prepared the coming year's pro forma balance sheet resulting in a plug gure in a preliminary statementcalled the external financing requiredof $230,000. The firm should prepare to A. repurchase common stock totaling $230,000 B. arrange for a loan of $230,000 C. do nothing; the balance sheet balances D. invest in marketable securities totaling $230,000
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
5th Canadian edition
1259269868, 978-1259269868
