Give true answer don't use chatgpt Wagner Industrial Motors, which is currently operating at full capacity, has salesof $2,450, current assets of $790, current liabilities of $480, net fixed assets of$1,640, and a 5 percent profit margin. The firm has no long-term debt and doesnot plan on acquiring any. The firm does not pay any dividends. Sales are expectedto increase by 10 percent next year. If all assets, short-term liabilities, and costsvary directly with sales, how much additional equity financing is required for nextyear?a. $12.25b. $245.00c. $257.25d. $182.75e. $60.25

The correct answer is option e). $ 60.25 Hopefully this is helpful to you.

Answered: Wagner Industrial Motors, which is…

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter7: Corporate Valuation And Stock Valuation

Section: Chapter Questions

Problem 1P: Ogier Incorporated currently has $800 million in sales, which are projected to grow by 10% in Year 1...

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