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Grven the financial statements below for Dragonfly Enterprises, what is the external financing need for a pro forma increase in sales of 20% if the

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Grven the financial statements below for Dragonfly Enterprises, what is the external financing need for a pro forma increase in sales of 20% if the company is operating at 90% capacity? Enter your answer as the nearest whole (e.g,123), but do not include the S sign. Taxes at 40% 20 Net Income 30 Dividends 9 Addition to Retained Earn 21 Balance Sheets as of 1231 Assets 20102011 Cash 1010 \begin{tabular}{ll|l|} Account Receivable & 46 & 50 \\ \hline \end{tabular}4ventorv Inventory 4345 Total Current Assets 99105 Net Fixed Assets 166195 \begin{tabular}{lrr|} Total Assets & 265 & 300 \\ & & 260 \end{tabular} \begin{tabular}{l|l} Liabilities and Owners Equity & 20102011 \end{tabular} Accounts Payable 2630 \begin{tabular}{lll} \hline Notes Payable & 0 & 0 \\ Total Current Liabilities & 26 & 30 \\ Long-Term Debt & 140 & 150 \\ Common Stock & 22 & 22 \\ Retained Earnings & 77 & 98 \\ Total Liab. and Owners Eq & 265 & 300 \end{tabular}

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