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Pickup industries have a profit margin of 5% and a dividend payout ratio of 50%. Last yearat s sales were $400 million, and the total
Pickup industries have a profit margin of 5% and a dividend payout ratio of 50%. Last yearat s sales were $400 million, and the total assets were $200 million.
Spontaneous liabilities $60 million. If the growth of the pickup industries is 10%, how much external financing is needed?
- $3 million
- 5.48 million
- $8.72 million
- $32.2 million
5. None of the above
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