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Galehouse Gas Stations Inc. expects sales to increase from $1730,000 to $1,930,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 65

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Galehouse Gas Stations Inc. expects sales to increase from $1730,000 to $1,930,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 65 percent of sales. His firm has an 10 percent return on sales and pays 30 percent of profits out as dividends a. What effect will this growth have on funds? 5,100 The cash balance will decrease by b. If the dividend payout is only 10 percent, what effect will this growth have on funds? The cash balance will

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