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(round 4 decimal places) The most recent financial statements for Xporter, Inc., are shown here: Income Statement Sales Costs Taxable Incom Taxes (34%) $6966 $5788
(round 4 decimal places)
The most recent financial statements for Xporter, Inc., are shown here: Income Statement Sales Costs Taxable Incom Taxes (34%) $6966 $5788 Net Income Balance Sheet Current Asset $3965 Current Liabilities $2278 Fixed Asset $9514 Long Term Debt $3768 Equity Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 24 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 15 percent What is the external financing needed? (Negative amount should beStep by Step Solution
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