Company has profit margin of 13%, a dividend pay out of 45%. Last year sales were $1000 million, and total assets were $700 million . Non of Libraries very with sales, but assets and cost do . If the company's sales growth rate is 15%  how much external financing is needed ?

Answer rating: 100% (QA)

Solution Calculations Profit Margin 13 Dividend Payout 45 Sales 1000000000 Total Assets 700000000 Sa... View the full answer