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Below are the simplified current and projected financial statements for Sonit Industries. All of Sonit's assets are operating assets and all of Sonit's current liabilities
Below are the simplified current and projected financial statements for Sonit Industries. All of Sonit's assets are operating assets and all of Sonit's current liabilities are operating liabilities. Sonit Industries financial statements Based on the projections shown above, what will results will Sonit have? Question 7 options:
a) Financing deficit of $36
b) Financing surplus of $36
c) Financing surplus of $255
d) Financing deficit of $255
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