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Robin Manufacturing Company has projected a sales growth rate of15% for the upcoming year. The pro forma balance sheet created based on this growth rate shows that total assets are $4,300,0 and the total liabilities and owner's equity are $3,950,0. This indicates that the amount of external funding the company needs is: a. $4,300,0 b. $3,950,0 c. $350,0 d. $8,250,0
The answer is 'C' (350).
c. $350,0
