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Excellent Catering is forecasting that sales next year will be $ 8 , 6 4 0 , 0 0 0 , a 2 0 percent
Excellent Catering is forecasting that sales next year will be $ a percent increase over current sales. Excellent Catering has total assets of $ and all assets will increase proportionately with sales. Of the current liabilities, only accounts payable now $ will increase with sales. What total financing will be needed by this company to support the expected sales increase?
a
$
b
$
c
$
d
$
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