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Gale house has stations inc. expects to increase from $1,700,000 to $1,900,000 next year. Galehouse believes that net assets ( assets-liabilities) will represent 70 percent
Gale house has stations inc. expects to increase from $1,700,000 to $1,900,000 next year. Galehouse believes that net assets ( assets-liabilities) will represent 70 percent of sales. His firm has an 12 percent return in sales and pays 49 percent of profit out as dividends.
- what effect will this growth have on funds ?
the cash balance will decrease by ____or increase by _____
- if the dividend payout is only 20 percent, what effect eulogies this growth have on funds ?
the cash balance will decrease by ____ or increase by ____
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