Multiple Choice
Calculate the external financing needed given the following information: current sales = $25,000; current sales capacity = 80%; current fixed assets = $15,000; projected future sales = $40,000.
A) $5,000
B) $20,200
C) $4,200
D) $19,200
E) $5,200
Correct Answer:
Verified
Correct Answer:
Verified
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