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Swami Transport is an overland freight service that promises ship your package all ... the ... way. They are currently bumbling and stumbling to meet
Swami Transport is an overland freight service that promises ship your package all ... the ... way. They are currently bumbling and stumbling to meet demand and are, thus, currently operating at full capacity. They have sales of $29,000, current assets of $1,600, current liabilities of $1,200, net fixed assets of $27,500, and a 7.3 percent profit margin. The firm has no long-term debt and does not plan on acquiring any. The firm does not pay any dividends. Sales are expected to increase by 5.6 percent next year. If all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year
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