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Willard Windows has total sales of $ 2 0 0 , 0 0 0 on total assets of $ 2 5 0 , 0 0
Willard Windows has total sales of $ on total assets of $ current liabilities of $ and $ of dividends paid on net income of $ Assume that all costs, assets, and current liabilities change spontaneously with sales. The tax rate and dividend payout ratios remain constant. The firm's managers project a firm growth rate of percent for next year. Assume the firm is currently operating at full capacity. How much is the external financing needed EFN for Willard Windows to support the growth in sales?
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