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Ingram Corporation is building its projected balance sheet for the following year, and it arrives at the following numbers. Total assets will equal $10,000,000 while
Ingram Corporation is building its projected balance sheet for the following year, and it arrives at the following numbers. Total assets will equal $10,000,000 while total liabilities and equity will equal $9,500,000. To make this happen, will Ingram Corporation need to borrow money in the coming year, or will it have excess money to put into marketable securities? Explain.
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