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The most recent financial statements for Assouad, Incorporated, are shown here: Assets, costs, and current liabilities are proportional to sales. Long - term debt and
The most recent financial statements for Assouad, Incorporated, are shown here:
Assets, costs, and current liabilities are proportional to sales. Longterm debt and equity are not. The company maintains a constant
percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly percent.
What is the external financing needed?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
External financing needed
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