A firms net assets equal 55 of sales what is the external
A firm's net assets equal 55% of sales. The firm expects a sales increase of $78,000 next year with $6,500 of that amount reinvested in the firm. What is the external financing need?
$49,400
$21,200
$28,600
$36,400
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a firms net assets equal 55 of sales the firm expects a sales increase of 78000 next year with 6500 of that amount
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