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Assets Liabilities Year One $50,000 $25,000 Stock $10,000 Retained Earnings $15,000 Suppose in year two the company plans to grow assets by 45%, liabilities are
Assets Liabilities Year One $50,000 $25,000 Stock $10,000 Retained Earnings $15,000 Suppose in year two the company plans to grow assets by 45%, liabilities are limited to 30% of assets, expected net income is $9,607, and dividends are $1,034. How much ADDITIONAL stock will the company need to raise
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