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Need Expected Growth for the following Suppose that Gyp Sum Industries currently has the balance sheet shown below, and that sales for the year just
Need Expected Growth for the following
Suppose that Gyp Sum Industries currently has the balance sheet shown below, and that sales for the year just ended were $10.3 million. The firm also has a profit margin of 25 percent, a retention ratio of 30 percent, and expects sales of $8.3 million next year.
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