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Problem 3 - 8 Calculating EFN The most recent financial statements for H u , Incorporated, are shown here ( assuming no income taxes )
Problem Calculating EFN
The most recent financial statements for Incorporated, are shown here assuming no
income taxes:
Assets and costs are proportional to sales; debt and equity are not. No dividends are
paid. Next year's sales are projected to be $
What is the external financing needed? Do not round intermediate calculations and
round your answer to the nearest whole number, eg
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