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In order to increase sales to $300,000, a firm forecasts spontaneous increase in assets of $60,000, spontaneous increase in liablities of $40,000. The firm has

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In order to increase sales to $300,000, a firm forecasts spontaneous increase in assets of $60,000, spontaneous increase in liablities of $40,000. The firm has a profit margin of 6% and a dividend payout ratio of 40%. The firm's required new funding is: Multiple Choice $20,000 $10.000 $9,200. $3,800

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