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Rossiter's currently has total assets of $203,000,long-term debt of $78,400,and current liabilities of $36,700.The dividend payout ratio is 25 percent and the profit margin is 5.8 percent.Assume all assets and current liabilities change spontaneously with sales and the firm is currently operating at full capacity.What is the external financing need if the current sales of $185,000 are projected to increase by 5 percent?
Four-Drive Theory
A framework in organizational behavior that identifies four basic motivational drives: the drive to acquire, bond, learn, and defend.
Maximize Motivation
The process of enhancing the drive or willingness of individuals or teams to perform their tasks to the best of their ability.
One of the Four Drives
This refers to an element within a theory, suggesting human behavior is primarily driven by four basic needs: acquiring, bonding, learning, and defending.
Benefit
An advantage or profit gained from something.
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