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XYZ Company has assets that are traditionally 80% of sales, and its liabilities traditionally are 30% of sales, Sales for this year are $70,000 and

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XYZ Company has assets that are traditionally 80% of sales, and its liabilities traditionally are 30% of sales, Sales for this year are $70,000 and sales for next year are projected to be $12,000 with a profit margin of 6%. No owner payout will be taken. Using the percentage of sales method, XYZ will need of additional financing. $25,000 $17,800 $7,200 $30,000 No financing is required

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