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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 equity are

image text in transcribed The most recent financial statements for Assouad, Incorporated, are shown here: Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 25 percent. What is the external financing needed? Multiple Choice $1,730.00 $905.00 $1,472.50 $1,522.50 The most recent financial statements for Assouad, Incorporated, are shown here: Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 25 percent. What is the external financing needed? Multiple Choice $1,730.00 $905.00 $1,472.50 $1,522.50

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