Question: How to solve it ?! 4. Noor Inc. determines that sales will rise from AED 6,000,000 to AED 6,500,000 next year. Spontaneous assets are 60%

How to solve it ?! How to solve it ?! 4. Noor Inc. determines that sales will

4. Noor Inc. determines that sales will rise from AED 6,000,000 to AED 6,500,000 next year. Spontaneous assets are 60% of sales and spontaneous liabilities are 40% of sales. SAM has an 6 % profit margin and a 40% dividend payout ratio. What is the level of required new funds

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