Hungry Howie's is currently operating at full capacity.The profit margin and the dividend payout ratio are held constant.Net working capital and fixed assets vary directly with sales.Sales are projected to increase by 9 percent.What is the external financing needed?
A)-$696.50
B)-$683.60
C)-$97.20
D)-$14.50
E)$26.80

Question

Hungry Howie's is currently operating at full capacity.The profit margin and the dividend payout ratio are held constant.Net working capital and fixed assets vary directly with sales.Sales are projected to increase by 9 percent.What is the external financing needed?
A)-$696.50 
B)-$683.60 
C)-$97.20 
D)-$14.50 
E)$26.80

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The Answer of  
Hungry Howie's is currently operating at full capacity.The profit margin and the dividend payout ratio are held constant.Net working capital and fixed assets vary directly with sales.Sales are projected to increase by 9 percent.What is the external financing needed?
A)-$696.50 
B)-$683.60 
C)-$97.20 
D)-$14.50 
E)$26.80

Hungry Howie's Is Currently Operating at Full Capacity