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A firm is expecting a 15% growth in Sales next year. It is currently operating at 92% capacity. How many Additional Funds are Needed using

A firm is expecting a 15% growth in Sales next year. It is currently operating at 92% capacity. How many Additional Funds are Needed using the information below Sales $60m . Current Assets $30m . Fixed Assets $45m Spontaneous Liabilities: $10m . Profit Margin 5% Retention Ratio 90% $2.52 million $6.10 million $4.50 million $0

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