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Nagle Hardware Supply is operating at full capacity with an annual sales level of $689,700 and assets of $468,000. The profit margin is 10 percent. What is the required addition to assets if sales are to increase by 7 percent? $3,276 $4,680 $28,400 $32,760 $46,800

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91671295

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