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Business, 27.06.2019 19:50 ethanmel21

The most recent financial statements for bello, inc., are shown here: income statement balance sheet sales $ 38,000 assets $ 137,000 debt $ 38,000 costs 26,200 equity 99,000 taxable income $ 11,800 total $ 137,000 total $ 137,000 taxes (22%) 2,596 net income $ 9,204 assets and costs are proportional to sales; debt and equity are not. a dividend of $2,900 was paid, and the company wishes to maintain a constant payout ratio. next year’s sales are projected to be $42,560. what is the external financing needed

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