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What is the forecasted external financing needed

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Reference no: EM132708523

Problem 1: What is the forecasted external financing needed if all revenues, expenses, and assets remain a constant percent of sales, and sales increase by 30%? Assume the common stock account and liability accounts will remain fixed and the dividend payout ratio remains constant.

Option 1: $2,556

Option 2: $1,794

Option 3: $4,350

Reference no: EM132708523

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