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Problem 6(5 points) Markets has sales of $848,600, net income of $94,000, dividends paid of $28,200, total assets of $913,600, and current ilities of $78,900.

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Problem 6(5 points) Markets has sales of $848,600, net income of $94,000, dividends paid of $28,200, total assets of $913,600, and current ilities of $78,900. Assume that all costs, assets, and current liabilities change spontaneously with sales. The tax rate and Midend payout ratios remain constant. If the firm's managers project a firm growth rate of 15 percent for next year, what will be the amount of external financing needed to support this level of growth? Assume the firm is currently operating at full capacity

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