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1 vote
1 vote
Antivirus Incorporated expects its sales next year to be $3,700,000. Inventory and accounts receivable will increase by $600,000 to accommodate this sales level. The company has a steady profit margin of 15 percent with a 35 percent dividend payout. How much external financing will the firm have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing.

User Luckyfool
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1 Answer

16 votes
16 votes
I think it would be option A
User Kuba Jagoda
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