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XYZ has the following financial information for 2019: Sales = $5M, Net Inc = $1.6M, Div. = $0.4M C.A = $2M, F.A = $14M C.L
XYZ has the following financial information for 2019: Sales = $5M, Net Inc = $1.6M, Div. = $0.4M C.A = $2M, F.A = $14M C.L = $0.8M, LTD = $4M, C.S = $8M, R.E = $3.2M if 2020 sales are projected to be $9.6M what is the amount of external financing needed, assuming XYZ is operating at full capacity, and profit margin and payout ratio remain constant?
XYZ has the following financial information for 2019:
Sales = $5M, Net Inc = $1.6M, Div. = $0.4M
C.A = $2M, F.A = $14M
C.L = $0.8M, LTD = $4M, C.S = $8M, R.E = $3.2M
if 2020 sales are projected to be $9.6M what is the amount of external financing needed, assuming XYZ is operating at full capacity, and profit margin and payout ratio remain constant?
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