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balance during the year. (5) No interest is earned on cash. (6) Regular dividends grow at a 7% rate. (7) The tax rate is 25%.
balance during the year. (5) No interest is earned on cash. (6) Regular dividends grow at a 7% rate. (7) The tax rate is 25%. of the year, so there will be no additional interest expense for the new line of credit. If surplus funds are available, pay a special dividend. For example, an answer of $1.23 thousand should be entered as 1.23, not 1,230 . Round your answers to two decimal places. If your answer is zero, enter "0. x Download spreadsheet Ch09 P10 Build a Model-5aada6.xlsx any new line of credit or special dividend.) RequiredlineofcreditSpecialdividends$$thousandthousand b. Now assume that the growth in sales is only 4%. What are the forecasted levels of the line of credit and special dividends? Required line of credit $ thousand balance during the year. (5) No interest is earned on cash. (6) Regular dividends grow at a 7% rate. (7) The tax rate is 25%. of the year, so there will be no additional interest expense for the new line of credit. If surplus funds are available, pay a special dividend. For example, an answer of $1.23 thousand should be entered as 1.23, not 1,230 . Round your answers to two decimal places. If your answer is zero, enter "0. x Download spreadsheet Ch09 P10 Build a Model-5aada6.xlsx any new line of credit or special dividend.) RequiredlineofcreditSpecialdividends$$thousandthousand b. Now assume that the growth in sales is only 4%. What are the forecasted levels of the line of credit and special dividends? Required line of credit $ thousand
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