Question
Galehouse Gas expects sales to increase from 1640000 to 1840000 next year. Mr Galehouse believes net assets will represent 45% of sales firm has a
Galehouse Gas expects sales to increase from 1640000 to 1840000 next year. Mr Galehouse believes net assets will represent 45%
of sales firm has a 10% return on sales pays 35% profit out for dividends.
a= what effect will this growth have on funds?
b=If the dividend payout is only 15% what effect will this growth have on funds?
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
