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ength: 1:15:00 Time Taken:0:07:19 Sukhdeep Kaur: Attempt 1 1: 2 Question 3 (3 points) Anna's Arcade generated $160,000 in sales in 2020, and its year
ength: 1:15:00 Time Taken:0:07:19 Sukhdeep Kaur: Attempt 1 1: 2 Question 3 (3 points) Anna's Arcade generated $160,000 in sales in 2020, and its year end total assets were $100,000 Also, tymar end 2015, current habilities were $85,000, consisting of $35,000 of notes payable, $30,000 of accounts payable, and $20,000 of accruak, looking ahead to 2021. the company estimates that its assets must increase at the same rate as sales, Its spontaneous liabilities will increase at the same rate as sales, its profit margin will be 21% and its payout ratio will be 70%. How larpe a sales increase can the company achieve without having to raise funds externally - that is what is its self-supporting growth rate? 5 6 8 9 11 12 14 to search o - FO - ro F12 Priser en 6 & 7 8 9 R T Y U O P. F H .
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