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Bondage Supply Company expects sales next year to be $490,000. Inventoty and accounts receivable will have to be increased by $75,000 to accommodate this sales

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Bondage Supply Company expects sales next year to be $490,000. Inventoty and accounts receivable will have to be increased by $75,000 to accommodate this sales level. The company has a steady profit margin of 20 percent, with a 50 percent dividend payout. How much external funding will Bondage Supply Company have to seek? which will occur with the external financing. Assume there is no increase ase in liabilities other than that External funds needed

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