Jill has just invented a non-slip wig for men that she hopes will double sales from $10,000
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Question:
Jill has just invented a non-slip wig for men that she hopes will double sales from $10,000 to $20,000, increasing net income to $1,000. She feels that she can handle the increase without adding fixed assets.
(1) Will Jill need any outside capital if she doesn't pay dividends?
2) If so, how much?
Related Book For
South Western Federal Taxation 2015
ISBN: 9781305310810
38th Edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
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