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please ans this in 10 mins The assets to sales ratio of L Co., Inc is 0.8 and the ratio of spontaneous liabilities to sales
please ans this in 10 mins
The assets to sales ratio of L Co., Inc is 0.8 and the ratio of spontaneous liabilities to sales is 0.6 for the present year. Existing sales revenue is Rs. 1,000. the co. follows a retention ratio of 0.4. If the co. plans a 10% increase in sales without taking recourse to external funds, what will be the profit margin? 3Step by Step Solution
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