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if you could simply state how you got the answers that would be great so I can understand. The most recent financial statements for Mixton,
if you could simply state how you got the answers that would be great so I can understand.
The most recent financial statements for Mixton, Inc., are shown here. Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,400 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $23,345. What is the external financing needed? Percent increase in sales Pro forma income statement Sales Costs Taxable income Taxes Net income Dividends Add. To RE Pro forma balance sheet Assets Total Debt Equity Total External financingStep by Step Solution
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