[Solution Library] EFN: The most recent financial statements for Martin, Inc., are shown here: Assets and costs are proportional to sales. Debt and equity
Question: EFN: The most recent financial statements for Martin, Inc., are shown here:
Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,500 was paid, and Martin wishes to maintain a constant payout ratio. Next year's sales are projected to be $42,300. What external financing is needed?
Deliverable: Word Document 
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