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Company B s sales for 2 0 2 3 was $ 3 0 0 , 0 0 0 Net profit amounted to $ 6 0

Company Bs sales for 2023 was $300,000
Net profit amounted to $60,000 with $45,000 being paid out in dividends.
Spontaneous assets are 65% of sales and spontaneous liabilities 45% of sales.
Required: If an increase in sales of 80% is being projected for 2024, calculate the required new funding.

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