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Business, 13.09.2019 04:30 ryansingl19

Galehouse gas stations inc. expects sales to increase from $1,670,000 to $1,870,000 next year. galehouse believes that net assets (assets − liabilities) will represent 55 percent of sales. his firm has an 9 percent return on sales and pays 25 percent of profits out as dividends. a. what effect will this growth have on funds? b. if the dividend payout is only 5 percent, what effect will this growth have on funds?

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Galehouse gas stations inc. expects sales to increase from $1,670,000 to $1,870,000 next year. galeh...
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