Multiple Choice
Calculate the external financing needed given the following information: current sales = $275,000; current sales capacity = 75%; current fixed assets = $40,000; projected future sales = $475,000.
A) $11,818
B) $51,818
C) $12,818
D) $52,818
E) $60,818
Correct Answer:

Verified
Correct Answer:
Verified
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