Business, 15.04.2020 23:00 MayFlowers

Antivirus Inc. expects its sales next year to be $2,500,000. Inventory and accounts receivable will increase $480,000 to accommodate this sales level. The company has a steady profit margin of 15 percent with a 35 percent dividend payout. How much external financing will the firm have to seek

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Antivirus Inc. expects its sales next year to be $2,500,000. Inventory and accounts receivable will...