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The CFO of Splash, Inc. has come up with the following projections for next year. She expects sales to grow at 20% to a level

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The CFO of Splash, Inc. has come up with the following projections for next year. She expects sales to grow at 20% to a level of $480 million. Assets are 350% of total sales; and spontaneous liabilities are 50% of sales. The company pays out 60% of net income as dividends. The net profit margin is 37.5%

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