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The most recent financial statements for Kerch, Incorporated, are shown here (assuming no income taxes): Assets and costs are proportional to sales. Debt and equity
The most recent financial statements for Kerch, Incorporated, are shown here (assuming no income taxes): Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,959. What is the external financing needed? Multiple Choice $2,629 $3,004 $2,749 $3,159 $2,879
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