Comprehensive problem - external funds requirements LO4 - The . Feb 23, 2009 .

Comprehensive problem - external funds requirements LO4 - The ... Feb 23, 2009 ... The dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2008 was $33 million. Common stock and the company's ... Notes payable are currently $12 million a. How much additional external capital will be required for next year if sales increase 15