Problem

Table 3.5 presents a computer spreadsheet for estimating R&E Supplies’ external fina...

Table 3.5 presents a computer spreadsheet for estimating R&E Supplies’ external financing required for 2015. The text mentions that with modifications to the equations for equity and net sales, the forecast can easily be extended through 2016. Write the modified equations for equity and net sales.

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Solutions For Problems in Chapter 3