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Business, 20.09.2020 16:01 mmmmaaarriiieeee

Wagner Industrial Motors, which is currently operating at full capacity, has sales of $2,330, current assets of $670, current liabilities of $360, net fixed assets of $1,520, and a 5 percent profit margin. The firm has no long-term debt and does not plan on acquiring any. The firm does not pay any dividends. Sales are expected to increase by 10 percent next year. If all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year

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