The most recent financial statements for Kerch, Incorporated, are shown here (assuming no...
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The most recent financial statements for Kerch, Incorporated, 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 $ What is the external financing needed? Multiple Choice $ $ $ $The most recent financial statements for Cardinal, Incorporated, are shown here: Assets and costs are proportional to sales. Debt and equity are not. A dividend of $ was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $ What is the external financing needed? Multiple Choice $ $ $ 
The most recent financial statements for Kerch, Incorporated, 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 $
What is the external financing needed?
Multiple Choice
$
$
$
$The most recent financial statements for Cardinal, Incorporated, are shown here:
Assets and costs are proportional to sales. Debt and equity are not. A dividend of $
was paid, and the company wishes to maintain a constant payout ratio. Next year's sales
are projected to be $
What is the external financing needed?
Multiple Choice
$
$
$
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