Problemthe chief financial officer of ajax industries, Ask an Expert

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Problem:

The chief financial officer of AJAX Industries expects sales to increase from $8,000,000 in 2010 to $12,000,000 in 2011. Current assets in 2010 are equal to $5,000,000.

Required:

Question: Using the percent of sales method, projected current assets for 2011.

Note: Please provide full description.

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Category:- Basic Finance
Reference No.:- M91175057

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