The most recent financial statements for GPS, Inc., are shown here: Assets and costs are proportional to sales. Debt and

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answerhappygod
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The most recent financial statements for GPS, Inc., are shown here: Assets and costs are proportional to sales. Debt and

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The most recent financial statements for GPS, Inc., are shownhere:
Assets and costs are proportional to sales. Debt and equity arenot. A dividend of $1,581 was paid, and the company wishes tomaintain a constant payout ratio. Next year’s sales are projectedto be $28,879.
What is the external financing needed?
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