Question: Can someone please help me get the answer. i have been teying and keeo getting it wrong. Galehouse Gas Stations Incorporated expects sales to increase
Galehouse Gas Stations Incorporated expects sales to increase from $1,510,000 to $1,710,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 30 percent of sales. Her firm has an 8 percent return on sales and pays 45 percent of profits out as dividends. o. What effect will this growth have on funds? b. If the dividend payout is only 30 percent, what effect will this growth have on funds
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