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The Big Country Company will achieve $5 million in sales if they add $250,000 in assets, can raise $100,000 in additional funding, and vendors extend
The Big Country Company will achieve $5 million in sales if they add $250,000 in assets, can raise $100,000 in additional funding, and vendors extend an additional $50,000 in credit. If The Big Country Company retains 25% of earnings, what profit margin do they have to hit to make this plan work?
4.0% |
6.0% |
8.0% |
12.0% |
16.0% |
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