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Q. expects its sales next year to be $2,000,000. Inventory and accounts receivable will increase $430,000 to accommodate this sales level. Thecompany has a steady profit margin of 12 percent with a 25 percent dividend payout. How much external financing will the firm have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing.
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What is the depreciation for 2007, if Baldwin Corporation uses the asset 9,100 hours and uses the units-of-production method of depreciation.
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