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Assets, costs, and current liabilities are proportional to sales. Long - term debt and equity are not. The company maintains a constant 4 0 percent
Assets, costs, and current liabilities are proportional to sales. Longterm debt and equity are not. The company maintains a constant percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly What is the external financing needed? Use cells A to D from the given information to complete this question.
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