Corporation x expects sales next year 5000000. inventory, Ask an Expert

Economics

Company X expects sales next year = $5,000,000.

Inventory and accounts receivable will increase $900,000 to accommodate this sales level.

The firm has a steady profit margin of 20% and 40% dividend payout.

How much external financing will the firm have to seek?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9294051

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