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Below is information from the Balance Sheet of Yvone and Co. During the next year sales are expected to increase by 25% from the current
Below is information from the Balance Sheet of Yvone and Co. During the next year sales are expected to increase by 25% from the current value of $1,000. 10% of sales becomes net profit and Yvone pays a 50% dividend. Current assets and current liabilities are expect to increase by the same proportion as sales and an investment of $40 in capital assets will be required. How much capital will Yvone need to raise to fund this growth?
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