Description of this paper

Sales for the year just ended were $400, and fixed assets

Description

solution


Question

Sales for the year just ended were $400, and fixed assets were used at 80 percent of capacity, but its current assets were at optimal levels. Sales are expected to grow by 5 percent next year, the profit margin is 5 percent, and the dividend payout ratio is 60 percent. How much additional funds (AFN) will be needed?

 

Paper#27864 | Written in 18-Jul-2015

Price : $37
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