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Axle Supply Co. expects sales next year to be $370,000. Inventory and accounts receivable will increase by $95 boo to accommodate this sales level. The

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Axle Supply Co. expects sales next year to be $370,000. Inventory and accounts receivable will increase by $95 boo to accommodate this sales level. The company has a steady profit margin of 20 percent, with a 10 percent dividend payout. How much external funding will the firm have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing

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