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BHS Inc. determines that sales will rise from $300,000 to $500,000

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BHS Inc. determines that sales will rise from $300,000 to $500,000 next year. Spontaneous assets are 70% of sales and spontaneous liabilities are 30% of sales. BHS has a 10% profit margin and a 40% dividend payout ratio. What is the level of required new funds?

$50,000
$20,000
$100,000
BHS is in balance and no new funds are needed.
Submitted: 7 years ago.
Category: Homework
Expert:  SteveS replied 7 years ago.
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