Question: Assets:
Cash- 35,000
Accounts Recievable-125,000
Inventory- 50,000
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Total Current Assets- 210,000
Plant and Equiptment- 80,000
Total Assets- 290,000
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Liabilities
Accounts Payable- 150,000
Accrued Expenses- 10,000
Total Current Liabilities- 160,000
Notes Payable- 50,000
Total Liabilities- 210,000
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Equity
Common Stock- 50,000
Retained Earnings- 30,000
Total Equity- 80,000
Total Liabilities and Equity- 80,000
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Prior Sales- 500,000
Dividend Payout Ratio 35%
Profit Margin- 10%
Question: A. Create a new balance sheet using percent of sales with sales = $750,000
B. Calculate the required new funds assuming full capacity
C. Calculate the required new funds assuming no new PPE required