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5) Suppose Super Fun Toy, Inc., has the following balance sheet: Assets Liabilities and Equity Current assets $3600000 Current Liabilities 2400000 Fixed assets 5100000 Long-term

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5) Suppose Super Fun Toy, Inc., has the following balance sheet: Assets Liabilities and Equity Current assets $3600000 Current Liabilities 2400000 Fixed assets 5100000 Long-term debt 2100000 Total assets 8600000 equity 4100000 Total liabilities & equity 8600000 Suppose Super Fun Toys, Inc., has sales of $8.9 million for the year just ended, the profit margin of the firm is 16 percent with a retention rate of 28 percent, and the firm expects sales of $9.8 million next year. If all assets and current liabilities are expected to grow with sales, what amount of additional funds will Super Fun Toys need from external sources to fund the expected growth

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