XYZ Company Has Assets That Are Traditionally 75% of Sales

question 15

Multiple Choice

XYZ Company has assets that are traditionally 75% of sales, and its liabilities traditionally are 20% of sales. Sales for this year are $100,000 and sales for next year are projected to be $200,000 with a profit margin of 8%. The owners take a 60% payout. Using the percentage of sales method, XYZ will need

• A) $70,000
• B) $68,400
• C) $48,600
• D) $50,000 of additional financing.
• E) No new financing is required.

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Individuals who are in the later stage of life, typically regarded as being 65 years of age or older.

Prescribed Medications

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a group of brain disorders caused by progressive nerve cell loss in the brain's frontal lobes or its temporal lobes, affecting behavior, language, and movement.

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