Galehouse Gas Stations inc expects sales to increase from $1,560,000 to $1760,000 next year Galehouse belleves that net

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Galehouse Gas Stations Inc Expects Sales To Increase From 1 560 000 To 1760 000 Next Year Galehouse Belleves That Net 1 (49.05 KiB) Viewed 106 times

Galehouse Gas Stations inc expects sales to increase from $1,560,000 to $1760,000 next year Galehouse belleves that net assets Assets - Liabilitles) will represent 55 percent of sales. His firm has an 7 percent return on sales and pays 35 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will decrease by b. If the dividend payout is only 10 percent, what effect will this growth have on tunds? The cash balance will increase by