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Corn Dog Corp expects net income next year to be $593,000. Inventory and accounts receivable will have to be increased by $297,000 to accommodate this

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Corn Dog Corp expects net income next year to be $593,000. Inventory and accounts receivable will have to be increased by $297,000 to accommodate this sales level. Com Dog will pay dividends of $407,000. How much external financing will Corn Dog need assuming no organically generated increase in liabilities? Multiple Choice $91,000 $222.000 $131.000 $111.000 - search ORI C 9 AI Prtsen F7 $ 4 3 % 5 & 7 6 cc

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