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Columbia Industries Inc. expects sales to grow by 40% in 2003. The company plans to pay out $11,000 in dividends in 2002, and expects that
Columbia Industries Inc. expects sales to grow by 40% in 2003. The company plans to pay out $11,000 in dividends in 2002, and expects that the Net Profit Margin in 2003 will be 6%. Compute the Outside Funds Needed in 2003 to support this projected growth in sales.
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Fundamentals of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
1st canadian edition
978-0133400694
