Suppose it is estimated that GHC100m is required for the new plant and that last year GHC50m was generated from operations. However, GHC5m is needed for maintenance work on existing equipment while dividend of GHC10m will be paid.

To operate at the projected expanded level an additional amount of GHC8m needs to be injected in working capital.

How much external funds should the ABC Ltd be expected to raise to introduce new product line?