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Galehouse Gas Stations Incorporated expects sales to increase from $1,660,000 to $1,860,000 next year. Galehouse believes that net assets (Assets Liabilities) will represent 65 percent

Galehouse Gas Stations Incorporated expects sales to increase from $1,660,000 to $1,860,000 next year. Galehouse believes that net assets (Assets Liabilities) will represent 65 percent of sales. Her firm has an 8 percent return on sales and pays 20 percent of profits out as dividends. a) What effect will this growth have on funds? b) If the dividend payout is only 10 percent, what effect will this growth have on funds?

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