LG Inc. has done a long-term forecast of its balance sheet. The projected total assets for the next year are $200 million. The current liabilities are projected to be $100 million and other long term liabilities are $70 million

How much net new financing is needed in the following year?
A) $18 million
B) $22 million
C) $25 million
D) $30 million


Answer: D

Business

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