Problem 4.24 & 4.27- Calculating EFN, Full Capacity, with No Debt or Equity Issued
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Crosby, Inc., has released its financial statements for the year and is projected to grow sales in the coming year. If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the growth rate in sales? Find what external financing is needed assuming no new debt or equity is issued.
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