Wednesday
September 3, 2014

Homework Help: Finance

Posted by Sarah on Wednesday, April 17, 2013 at 7:21pm.

Andy's total assets are $2,500,000, net profit margin is 5% of sales, dividend payout ratio of 60%, and the ratio of its spontaneous liabilities to sale is 20%. If sales rise from their present level of $5 million by%1,000,000 next year, what will be the firms needs for discretionary financing?

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