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Bondage Supply Company expects sales next year to be $380.000. Inventory and accounts receivable will have to be increased by $100.000 to accommodate this sales

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Bondage Supply Company expects sales next year to be $380.000. Inventory and accounts receivable will have to be increased by $100.000 to accommodate this sales level. The company has a steady profit margin of 25 percent with a 35 percent dividend payout How much extemal funding will Bondage Supply Company have to seek Asume there is no increase in the other than that which will occur with the external financing External funds needed

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