Calculate additional asset required to support level of sale, Business Management

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Calculate additional asset required to support level of sale

Wizard Co. currently has $645,000 in total assets & sales of $1,400,000. Sales are expected to grow by 19% next year. Use the AFN equation to calculate the additional assets required to support that level of sales.

a 116,423

b) 122,550

c) 134,805

d) 147,060

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Business Management: Calculate additional asset required to support level of sale

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