Galehouse Gas Stations Incorporated expects sales to increase from $1,670,000 to $1,870,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 55 percent of sales. Her firm has an 9 percent return on sales and pays 25 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will b. If the dividend payout is only 5 percent, what effect will this growth have on funds? Check my w The cash balance will

Galehouse Gas Stations incorporated expects sales to increase from $1,670,000 to $1,870,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 55 percent of sales. Her firm has an 9 percent return on sales and pays 25 percent of profits. out as dividends a. What effect will this growth have on funds? b. If the dividend payout is only 5 percent, what effect will this growth have on funds