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Urban's, which is currently operating at full capacity, has sales of $ 4 7 , 0 0 0 , current assets of $ 5 ,
Urban's, which is currently operating at full capacity, has sales of $ current assets of
$ current liabilities of $ net fixed assets of $ and a profit margin of percent. The
firm has no longterm debt and does not plan on acquiring any. The firm does not pay any
dividends. Sales are expected to increase by percent next year. If all assets, shortterm liabilities,
and costs vary directly with sales, how much additional equity financing is required for next year?
A$
B$
C $
D $
E $
Muder's Market has sales of $ net income of $ and a retention ratio of percent.
Assume the profit margin and the payout ratio are constant and sales increase by percent. What is
the pro forma retained earnings if the current retained earnings balance is $
A $
B $
C $
D $
E $
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