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Company C currently has sales of $500.000, Spontaneous current assets amounting to $400,000 and spontaneous current liabilities amounting to $200,000 Net profit for the
Company C currently has sales of $500.000, Spontaneous current assets amounting to $400,000 and spontaneous current liabilities amounting to $200,000 Net profit for the year was $75,000 and $45,000 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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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
14th Edition
978-0132960649, 132960648, 132109174, 978-0132109178
