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A firm has $600,000 in assets and is operating at full capacity. The firm has current liabilities consisting of $200,000 of accounts payable, $50,000 of

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A firm has $600,000 in assets and is operating at full capacity. The firm has current liabilities consisting of $200,000 of accounts payable, $50,000 of wages payable, anc notes payable of $125,000. If the firm's sales last year were $800,000 and they are expected to grow by 9% next year, what is the firm's additional funds needed? Assume that the firm paid dividends of $4.00 per share from earnings of $8.00 per share last year, and that the firm expects to have a profit margin of 11% next year. a $(17,340.00) $(740.00) $(12,740.00) $(1,460.00) $(16,460.00)

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