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Calculate the External Financing Needed Given the Following Information: Current

Question 13

Multiple Choice

Calculate the external financing needed given the following information: current sales = $1,000; current sales capacity = 90%; current fixed assets = $1,800; projected future sales = $1,250.


A) $225
B) $2025
C) 450
D) $4050
E) $675

Correct Answer:

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