Assume that Fake Stone, Inc.is operating at full capacity.Also assume that assets, costs, and current liabilities vary directly with sales.The dividend payout ratio is constant.What is the external financing need if sales increase by 12 percent?
A)-$318.09
B)-$268.49
C)$103.13
D)$350.40
E)$460.56

Question

Assume that Fake Stone, Inc.is operating at full capacity.Also assume that assets, costs, and current liabilities vary directly with sales.The dividend payout ratio is constant.What is the external financing need if sales increase by 12 percent?
A)-$318.09 
B)-$268.49 
C)$103.13 
D)$350.40 
E)$460.56

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The Answer of  
Assume that Fake Stone, Inc.is operating at full capacity.Also assume that assets, costs, and current liabilities vary directly with sales.The dividend payout ratio is constant.What is the external financing need if sales increase by 12 percent?
A)-$318.09 
B)-$268.49 
C)$103.13 
D)$350.40 
E)$460.56

Assume That Fake Stone, Inc