Baldwin Core had sales last year of 5 to 5 million dollars. The company is expected to grow sales by 15% in the coming year. Baldwin requires additional assets. Equal to 65% of the increase in sales short-term liabilities will increase by 20% of the sales increase. The net profit margin is 7 and ballwin plan to pay 3 quarters of its profits and dividends next year how much additional funds are needed to finance the company's growth?

Answer rating: 100% (QA)

To calculate the additional funds needed to finance Baldwin Cores growth we need to consider the inc... View the full answer