Assets and costs are proportional to sales debt and equity


Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,500 was paid, and Martin wishes to maintain a constant payout ratio. Next year’s sales are projected to be $42,300.

What is the external financing needed?

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Financial Management: Assets and costs are proportional to sales debt and equity
Reference No:- TGS01090513

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