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Homework answers / question archive / ABC Inc has done the following projections for its balance sheet: total assets of $15 million, current liabilities of $3 million, long-term liabilities of $8 million, and stockholders' equity of $2 million

ABC Inc has done the following projections for its balance sheet: total assets of $15 million, current liabilities of $3 million, long-term liabilities of $8 million, and stockholders' equity of $2 million

Finance

ABC Inc has done the following projections for its balance sheet: total assets of $15 million, current liabilities of $3 million, long-term liabilities of $8 million, and stockholders' equity of $2 million. How much net new financing is needed in the following year?

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