Business, 18.09.2019 03:30 pinklover2002

Ccc currently has sales of $26,000,000 and projects sales of $32,500,000 for next year. the firm's current assets equal $10,000,000 while its fixed assets are $9,000,000. the best estimate is that current assets will rise directly with sales while fixed assets will rise by $500,000. the firm presently has $5,000,000 in accounts payable, $3,500,000 in long-term debt, and $10,500,000 in common equity. all current liabilities are expected to change directly with sales. ccc plans to pay $900,000 in dividends next year and has a 5.0% net profit margin. what are the company's additional funds needed for the next year? (round your answer to the nearest dollar.)

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Ccc currently has sales of $26,000,000 and projects sales of $32,500,000 for next year. the firm's c...

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