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kindly solve on urgent basis Data table Global developed the pro forma financial statements given below. Assume that Global Corp. expects sales to grow by
kindly solve on urgent basis
Data table Global developed the pro forma financial statements given below. Assume that Global Corp. expects sales to grow by 9% next year, pays out 60% of its net income, and needs $8.5 million of net new financing. If Global decides that it will limit its net new financing to no more than $7.9 million, how will this affect its payout policy? Click the icon to view Global's financial statements. If Global limits new financing to only $7.9 million, then it would need to its payout to shareholders by $ million to make up the difference on its balance sheet (Round to one decimal place.)Step by Step Solution
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