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Current assets are to be 15% of sales when sales are less than 1000, 20% of sales when sales are greater than or equal to
Current assets are to be 15% of sales when sales are less than 1000, 20% of sales when sales are greater than or equal to 1000, but less than 1250, and 25% of sales when sales are greater than or equal to 1250. Use Excels IF function to model this.
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