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The most recent financial statements for Reply, Inc., are shown here: Assets and costs are proportional to sales Debt and equity are not A dividend

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The most recent financial statements for Reply, Inc., are shown here: Assets and costs are proportional to sales Debt and equity are not A dividend of $2,000 was paid and the company wishes to maintain a constant payout ratio Next year's sales are projected to be $37, 400. What is the external financing needed? (Do not round intermediate calculations.) External financing needed $ ___________

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