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Signature Signage Inc. ( SSI ) expects sales to increase from $ 4 5 5 , 0 0 0 this year to $ 6 7

Signature Signage Inc.

(

SSI

)

expects sales to increase from $

455, 000

this year to $

675, 000

next year. SSI believes that net assets

(

Assets

Liabilities

)

will represent

40 %

of sales. The firm has a

9 %

return on sales and pays

40 %

of its profits out as dividends. How much in new funds is required to support the expected growth?

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