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Dave's Wax Inc.'s financial planners have projected a growth rate of 5% for the coming year. Currently, it has assets of $3,600,000 and retained earnings

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Dave's Wax Inc.'s financial planners have projected a growth rate of 5% for the coming year. Currently, it has assets of $3,600,000 and retained earnings of $130,000. Calculate the amount of external financing Dave will need. $50,000 $180,000 $280,000 $310,000

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