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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Here are the abbreviated financial statements for Planners Peanuts: Income Statement for 2012 is Sales of $6,000; Cost of $4,700 which gives Net Income of $1,300.00: BALANCE SHEET, YEAR-END is Assets for year 2011 of $9,500 and Assets for year 2012 of $10,000 which each year total the same of (9,500 and 10,000); The Debt Equity for year 2011 is $933 and $8,567 which total $9,500.00 and the debt equity for year 2012 is $1,000 and $9,000 which total $10,000. If the dividend payout ratio is fixed at 50%, calculate the required total external financing for growth rates in 2013 of 20%, 25%, and 30%. (DO NOT ROUND INTERMEDIATE CALCULATIONS. ROUND YOUR ANSWERS TO 2 DECIMAL PLACES.) External Financing at 20% is $________________; 25% $__________________ and 30% $____________________?
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