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Posted on Jul 23, 2024

the most recent financial statements for xyz company are shown below (assuming no income taxes) sales 9100 assets 61900 debt 19400 costs 4370 equity 42500

the most recent financial statements for xyz company are shown below (assuming no income taxes)

sales 9100 assets 61900 debt 19400

costs 4370 equity 42500

NI 4730 total 61900 total 61900

assets and costs are proportional to sales. debt and equity are not . no dividends are paid. next year's sales are projected to be 9900. what is the external financing needed?

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