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Bondage Supply to be $450,000. has a company expects Sales next year Inventory and accounts receivable will have to be increased by $80,000 to accomadate
Bondage Supply to be $450,000. has a company expects Sales next year Inventory and accounts receivable will have to be increased by $80,000 to accomadate this sales level, the company margin of 25 percent, with a 35 percent dividend payout. How much external funding will Bondage supply company have to Seek? Assume there is no increase in liabilities other than that which will occur with the external funding financing Steady profit External funds needed =
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