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Loog-Term Finascing Needed Totai ashets and btcouets poyable are proportional to sales, and that relationthip wil be maintained. Walace typicaly uses no current labebes other

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Loog-Term Finascing Needed Totai ashets and btcouets poyable are proportional to sales, and that relationthip wil be maintained. Walace typicaly uses no current labebes other than accounts payable, Cammion stock financing needs will be mat by issuing new lang-terin dest at the end of 2019. (Because the debe is added at the end of the yeac, there wil be nS addaipnal intereit erpence dun to the new debt.) the net profit margin on sales is 6%, and 45% of aarninge wal be peid out as dividenda. a. What war Walisce't totel leng-term debt in 20102 too not round intermes ate calculationk. Aound your answer to the nearast doilar. 1 What were Wallsce'o total labileies in 201 bt Do not round ictermedite calculations. Found your answer to the nearent dalio:. 1

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