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Dot's financial planning model shows assets are projected to increase by $800,000 but liabilities and equity increase by $395,000. What is the external financing need (EFN)?

Respuesta :

Answer:

$ 405000

Explanation:

External financing need (EFN) = projected increase in assets - increase in liabilities and equity = $ 800000 - $ 395000 = $ 405000

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