Business
Business, 01.10.2019 16:30, elijahjacksonrp6z2o7

Jb markets has sales of $848,600, net income of $94,000, dividends paid of $28,200, total assets of $913,600, and current liabilities of $78,900. assume that all costs, assets, and current liabilities change spontaneously with sales. the tax rate and dividend payout ratios remain constant. if the firm's managers project a firm growth rate of 15 percent for next year, what will be the amount of external financing needed to support this level of growth? assume the firm is currently operating at full capacity.

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Jb markets has sales of $848,600, net income of $94,000, dividends paid of $28,200, total assets of...

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