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Galehouse stations expects sales to increase from $1,500,000 to $1,700,000 next year. Galehouse believes that bet assests will represent 70% of sales. His firm has
Galehouse stations expects sales to increase from $1,500,000 to $1,700,000 next year. Galehouse believes that bet assests will represent 70% of sales. His firm has a 10 percent return on sales and pays 40% of profiys as divudends. What effect will this frowth have in funds? if the divivend payout is inky 15% what effect will rhis growth have on funds?
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