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Company A currently has sales of $300,000, Spontaneous current assets amounting to $210,000 and spontaneous current liabilities amounting to $90,000. Net profit for the year

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Company A currently has sales of $300,000, Spontaneous current assets amounting to $210,000 and spontaneous current liabilities amounting to $90,000. Net profit for the year was $30,000 and $18,000 was paid out in dividends. If the company wants to double its sales, how much new funding is required. (4 marks)

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