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Please show full workings and formulas Sterling Resorts has total assets worth $13,442,975. It is expecting to grow its revenue at a rate of 25
Please show full workings and formulas
Sterling Resorts has total assets worth $13,442,975. It
is expecting to grow its revenue at a rate of 25 per cent
next year. For next year they expect a profit of
$3,475,321 and will pay out
45 per cent as dividends.
What is the external financing needed by this company
to meet its growth expectations?
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