Business, 18.02.2021 23:50 MajentaSnow66

Mayberry Company has total assets of $780,000, long-term debt of $250,000, stockholders' equity of $380,000, and current liabilities of $150,000. The dividend payout ratio is 35 percent and the profit margin is 14 percent. Assume all assets and current liabilities change spontaneously with sales and the firm is currently operating at full capacity. What is the external financing need (EFN) if the current sales of $920,000 are projected to increase by 25 percent

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Mayberry Company has total assets of $780,000, long-term debt of $250,000, stockholders' equity of $...