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LTD . has a profit margin of 1 4 % and a dividend payout of 4 5 % . last year's sales were $ 5

LTD. has a profit margin of 14% and a dividend payout of 45%. last year's sales were $5000 million and total assets were $3500 illion. None of the liabilities vary directly with sales, but assets and costs do. if the sales growth rate for Ltd is 15% how much external financing is needed? a)82.2 million b)98.5 million c)70.9 million d)77.2 million e)91.4 million

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