The most recent financial statements for Assouad, Inc., are shown here. Assets, costs, and current...
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The most recent financial statements for Assouad, Inc., are shown here. Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 15 percent. What is the external financing needed? (Use cells A6 to D17 from the given information to complete this question.) (Use cells A6 to D17 from the given information to complete this question.) Output area
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