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Berkshire Building Services generated $ 8 5 million in sales during the current year, and its year - end total assets were $ 1 2
Berkshire Building Services generated $ million in sales during the
current year, and its yearend total assets were $ million. Also, at
yearend, current liabilities were $ consisting of $ of
accounts payable, $ of accruals, and $ of notes
payable. The firm's profit margin was and payout ratio was The
firm considered itself at full capacity in the current year. Looking ahead
to next year, estimate the additional funds needed if the firm intends to
grow sales by
Estimate the Additional Funds Needed to support this growth in sales.
Show your answer in millions and round to decimal places. Do not
include the $ sign in your answer. ie
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