Sales revenue is forecasted to grow by 8% next year, forecasted net income is expected to be $35,000, and all current assets and current liabilities vary proportionally with sales. If $40,000 worth of net noncurrent assets are required to be purchased next year, what is the external financing needed
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Sales revenue is forecasted to grow by 8% next year, forecasted net income is expected to be $35,000...
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