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Q4) The most recent financial statements for your company are as follows. Sales for 2022...

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Finance

image Q4) The most recent financial statements for your company are as follows. Sales for 2022 are projected to grow by 20%, Interest expense will remain constant, Tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. If the firm is operating at only 65% capacity and no new debt or equity is issued, what external financing is needed to support the growth rate in sales? (20 Points)

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