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Please help asap Problem 19-11 EFN (L04, CFA8) The inost recent financial statements for Martin, Incorporated, are shown here Assets and costs are proportional to
Please help asap
Problem 19-11 EFN (L04, CFA8) The inost recent financial statements for Martin, Incorporated, are shown here Assets and costs are proportional to sales. Debt and equity are not. A dividend of $940 was paid, and Martin withes to maintain a constant payout ratio. Next year's sales are projected to be $26,550. What is the extemal financing needed? Note: Do not round intermediate calculations. Round your answer to 2 decimal pleces Step by Step Solution
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