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5. A company has Variable Assets of $120,000 and Fixed Assets of $380,000. Total Sales in 2017 were $200,000 and projected to increase to $300,000

5. A company has Variable Assets of $120,000 and Fixed Assets of $380,000. Total Sales in 2017 were $200,000 and projected to increase to $300,000 in 2018. Variable Liabilities are $50,000 with a current (2017) and projected (2018) profit margin of 6%. The plowback ratio is currently and projected to be 25%. What are the projected new funds required to fund the increase in sales in 2018, assuming full capacity?

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