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Galehouse Gas Stations Incorporated expects sales to increase from $ 1 , 6 3 0 , 0 0 0 to $ 1 , 8 3
Galehouse Gas Stations Incorporated expects sales to increase from $ to $ next year. Galehouse believes that net assets Assets Liabilities will represent percent of sales. Her firm has an percent return on sales and pays 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 percent, what effect will this growth have on funds?
The cash balance will
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