Antivirus Inc expects its sales next year to be $2,500,000 Inventory and accounts receivable will increase $480,000 to accommodate this sales level The company has a steady profit margin of 15 percent with a 35 percent dividend payout How much external financing will the firm have to seek Assume there is no increase in liabilities other than that which will occur with the external financing

Question: Antivirus Inc. expects its sales next year to be $2,500,000. Inventory and accounts receivable will increase $480,000 to accommodate this sales level. The company has

Antivirus Inc. expects its sales next year to be $2,500,000. Inventory and will increase $480,000 to accommodate this sales level. The company has a steady profit margin of 15 percent with a 35 percent payout. How much external financing will the firm have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing.

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