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Q1- The following: Balance sheet of the Aseel company in 31/12/2014(Dinar) Assets Liabilities and Equity Cash Account receivable Inventories Total Current Assets Total Fixed Assets
Q1- The following: Balance sheet of the Aseel company in 31/12/2014(Dinar) Assets Liabilities and Equity Cash Account receivable Inventories Total Current Assets Total Fixed Assets 52500 122500 262500 437500 1312500 Account payable Dues Securities Payment Total current liabilities Long-term dept Total Dept Share Capital Retained earning Total liabilities and Equity 35000 17500 122500 175000 525000 700000 612500 437500 1750000 11 T 1 + Total Assets 1750000 -Total Sales 3500 000 D. in 2014 - - The ratio of net income to sales %3 - - The proportion of dividend %60 of net income is expected to increase sales by %20 during the year 2016 -The company does not intend to repay long-term debt. - Select the desired amount of funding from external sources for using the style of the percentage of sales
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