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The external funds needed (EFN) equation projects the addition to retained earnings as: A) PM Sales (1 - d). B) PM Projected sales (1 -

The external funds needed (EFN) equation projects the addition to retained earnings as:

A) PM Sales (1 - d).

B) PM Projected sales (1 - d).

C) Projected sales (1 - d).

D) PM Projected sales.

E) PM Sales.

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