Business
Business, 23.11.2019 07:31, deeoki3384

You are estimating your company's external financing needs for the next year. at the end of the year you expect that owners' equity will be $80 million, total assets will amount to $170 million, and total liabilities will be $70 million. how much will your firm need to borrow, or otherwise acquire, from outside sources during the year? a. $20 millionb. $70 millionc. $150 milliond. $160 millione. $180 millionf. none of the above.

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