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The firm has an aftertax profit margin of percent and a dividend payout ratio of percent a If sales grow by percent next year determine how many dollars of new funds are needed to finance the expan

The firm has an aftertax profit margin of  percent and a dividend payout ratio of  percent
a If sales grow by  percent next year determine how many dollars of new funds are needed to finance the expansionEnter the answer in millions Round the final answer to  decimal places
The firm needs  million in external funds
b Prepare a pro forma balance sheet with any financing adjustment made to long term debt Input all answers as positive values Be sure to list the assets and liabilities in order of their liquidity Enter the answers in millions Round the final answers to 

Feb 13 2020 View more View Less

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