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The most recent financial statements for your company are as follows. Sales for 2018 are projected to grow by 20%. Interest expense will remain constant;

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The most recent financial statements for your company are as follows. Sales for 2018 are projected to grow by 20%. Interest expense will remain constant; the Tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. If the firm is operating at only 80% capacity, and no new debt or equity is issued, what is the external financing needed to support the growth rate in sales

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