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Sunny Inc. had current assets of $ 1 . 8 million, fixed assets of $ 1 . 4 million, accounts payable of $ 0 .
Sunny Inc. had current assets of $ million, fixed assets of $ million, accounts payable of $ million, notes payable of $ million, longterm debt of $ million, and owners equity of $ million this year. You are expecting Sunnys sales to grow by to $ million next year. The net margin will be and the plowback ratio is Fixed assets will grow by $ million next year. Owners equity will change only due to the change in retained earnings. What is the external financing needed for Sunny?
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