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Given that your company has the following information: Total asset = RM1500, Debt = RM750, Equity = RM750, Dividend = RM250 and Retained earning =

Given that your company has the following information:

Total asset = RM1500, Debt = RM750, Equity = RM750, Dividend = RM250 and Retained earning = RM750. If the growth rate of the company will be 15%, 25% and 35% in year 2022, 2023 and 2024 respectively, determine the following (Use Table to present your answer):

  • Additional asset that will be required
  • Amount that will be added to retained earnings
  • Amount of external financing required
  • Planned debt to equity ratio
  • In two sentences, comment on your answers

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