Question: Using Table 6-13, what is required in new financing if next year's sales forecast increases to $400,000 profit margin is 10 percent, and the payout
Using Table 6-13, what is required in new financing if next year's sales forecast increases to $400,000 profit margin is 10 percent, and the payout ratio is 90 percent? Using Table 6-13, what is required in new financing if next year's sales forecast increases to $400,000 profit margin is 10 percent, and the payout ratio is 90 percent
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