Business, 22.07.2019 18:10 brittanyskipper1738

Urban’s, which is currently operating at full capacity, has sales of $47,000, current assets of $5,100, current liabilities of $6,200, net fixed assets of $51,500, and a profit margin of 5 percent. 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 3 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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Urban’s, which is currently operating at full capacity, has sales of $47,000, current assets of $5,1...

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