Business, 11.11.2021 14:00, zachisthequeen2002

Required: 1. Apply the percent-of-sales method to determine whether ABC needs external finance.
2. What will be the case if the company decided to reduce dividends to $10,000?
3. Based on original data, prepare the proforma balance sheet.

Required:

1. Apply the percent-of-sales method to determine whether ABC needs external finance.

Answers: 2

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Required: 1. Apply the percent-of-sales method to determine whether ABC needs external finance.