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Category > Business & Finance Posted 19 May 2017 My Price 11.00

Using the following data, determine

Using the following data, determine the amount of additional financing needed for the next fiscal year:

Sales $3,500 Accounts Payable $3,250
Cash $400 Notes Payable $12,000
Accounts Receivable $750 Long-Term Debt $5,000
Inventory $2,050 Shareholder Equity $1,250
Fixed Assets $15,500 Dividends $300
       
Sales Increase Per Year 25%    
Tax Rate 35%

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Homework Helper
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Status NEW Posted 19 May 2017 12:05 PM My Price 11.00

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