Here are the abbreviated financial statements for Planners Peanuts Sales Costs Income Statement, 2015 $2,326...
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Here are the abbreviated financial statements for Planners Peanuts Sales Costs Income Statement, 2015 $2,326 1.759 Net income $ 567 Assets 2014 $2,927 Balance Sheet, Year-End 2015 $4,121 Debt Equity 2014 $953 $1,974 2015 $1,202 2,919 Total $2,927 $4,121 Total $2.927 $4.121 If the dividend payout ratio is fixed at 50%, calculate the required total external financing for growth rates in 2016 of 15%, 20% and 25% (Round your answers to 3 decimal places.) 15% 20% 25% Growth Rate Required external financing
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