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Question 2 Needs Grading The board of directors of Al Batha Group has released a memo on the 2021 financial plan of the company. The

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Question 2 Needs Grading The board of directors of Al Batha Group has released a memo on the 2021 financial plan of the company. The company's sales are expected to increase by 20% from the current sales of 30 million dirhams to 36 million dirhams in 2021. The recent total assets are totaled 20 million dirhams. The assets of the company are currently used at their full capacity. The recent total current liabilities of the company is 42 million, consisting of 15 million of accounts payable, 2.2 million of notes payable, and 0.5 million of accruals. The average after tax profit margin of the company is predicted to be 10%. Suppose that the company pays 20% of the net profit in dividends. Required? a. What is the additional fund required in 2021, if any (3 pts) b. Compute the self-supporting growth rate of the company (2 pts) Suppose that the company has revised the profit margin prediction from 10% to 8%, and other items remain the same. How does this affect the self-supporting growth of the firm? (2 pts)

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