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The Most Recent Financial Statements for Watchtower, Inc

Question 21

Multiple Choice

The most recent financial statements for Watchtower, Inc.are shown here (assuming no income taxes) : The most recent financial statements for Watchtower, Inc.are shown here (assuming no income taxes) : Assets and costs are proportional to sales.Debt and equity are not.No dividends are paid.Next year's sales are projected to be $4,750.What is the amount of the external financing needed? A) $797 B) $808 C) $811 D) $818 E) $823 Assets and costs are proportional to sales.Debt and equity are not.No dividends are paid.Next year's sales are projected to be $4,750.What is the amount of the external financing needed?


A) $797
B) $808
C) $811
D) $818
E) $823

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