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In order to forecast your company's financing needs, you've prepared a pro forma balance sheet for the coming year that includes assets of $1.25 million, liabilities of $450,000, and retained earnings of $525,000. How much outside financing will your company need in the coming year?

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In order to forecast your company's financing needs, you've prepared a pro forma balance sheet for the coming year that includes assets of $1.25 million, liabilities of $450,000, and retained earnings of $525,000. How much outside financing will your company need in the coming year?






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