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Wagner Industrial Motors, which is currently operating at full capacity, has sales of $2,300, current assets of $740, current liabilities of 5430 , net fixed

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Wagner Industrial Motors, which is currently operating at full capacity, has sales of $2,300, current assets of $740, current liabilities of 5430 , net fixed assets of $1,590, and a 5 percent profit margin. The firm has no long-term debt and does not plan on acquiring any. The firm does not pay any dividends. Sales are expected to increase by 10 percent next year. If all assets, short-term liabilities, and costs vary directiy with sales, how much external equity financing is needed for next year? $58.00 $252,00 $240.00 $12.00 $63.50

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