Multiple Choice
Hungry Howie's is currently operating at full capacity.The profit margin and the dividend payout ratio are held constant.Net working capital and fixed assets vary directly with sales.Sales are projected to increase by 9 percent.What is the external financing needed?
A) -$696.50
B) -$683.60
C) -$97.20
D) -$14.50
E) $26.80
Correct Answer:

Verified
Correct Answer:
Verified
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