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Question 2 - 4 points Eaton International Corporation expects sales next year to be $370,000. Inventory and accounts rec
Posted: Wed Mar 09, 2022 8:39 am
by answerhappygod
- Question 2 4 Points Eaton International Corporation Expects Sales Next Year To Be 370 000 Inventory And Accounts Rec 1 (158.85 KiB) Viewed 32 times
Question 2 - 4 points Eaton International Corporation expects sales next year to be $370,000. Inventory and accounts receivable will have to be increased by $95,000 to accommodate this sales level. The
company has a steady profit margin of 20 percent, with a 5 percent dividend payout. How much external funding will Eaton International Corporation have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing.