How much external financing will frisch fish need assuming


Frisch Fish Corp expects net income next year to be $600,000. Inventory and accounts receivable will have to be increased by $291,000 to accommodate this sales level. Frisch will pay dividends of $391,000. How much external financing will Frisch Fish need assuming no organically generated increase in liabilities?

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Financial Management: How much external financing will frisch fish need assuming
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