Hungry Howie's Is Currently Operating at Full Capacity

question 20

Multiple Choice

Hungry Howie's is currently operating at full capacity. The profit margin and the dividend payout ratio are held constant. Net working capital and fixed assets vary directly with sales. Sales are projected to increase by 11 percent. What is the external financing needed?

• A)-$196.50
• B)-$148.00
• C)-$97.20
• D)-$14.50
• E)$26.80

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To respond adversely or unfavorably to a situation, comment, or action.