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Problem-

In the percent-of-sales method, an increase in dividends

a). will increase required new funds

b). will decrease required new funds

c). has no effect on required new funds

d). more information is needed

Additional Requirement-

The problem belongs to Basic Accounting and it discusses about what happens for increase in dividends in percent of sales method.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91394325
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