The most recent financial statements for Mixton, Incorporated, are shown here: Assets and costs are...
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The most recent financial statements for Mixton, Incorporated, are shown here: Assets and costs are proportional to sales; debt and equity are not. A dividend of $1,400 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $23,345. What external financing is needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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