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The most recent financial statements for Assouad, Incorporated, are shown here:
2,200
$ 11,900
$ 11,900
$ 1,500
Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not.
The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its
industry, next year's sales are projected to increase by exactly 25 percent.
What is the external financing needed?
The most recent financial statements for Assouad, Incorporated, are shown here:

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The most recent financial statements for Assouad Incorporat.pdf

  • 1. The most recent financial statements for Assouad, Incorporated, are shown here: 2,200 $ 11,900 $ 11,900 $ 1,500 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 25 percent. What is the external financing needed? The most recent financial statements for Assouad, Incorporated, are shown here: