Last year's sales = S0 €350 Last year's accounts payable = €40 Sales growth rate = g 30% Last year's notes payable = €50 Last year's total assets A0* = €500 Last year's accruals = €30
Daniel Sawyer, the CEO of the Sawyer Group, is initiating planning for the company's operations next year, and he wants you to
Last year's sales = S0 €350 Last year's accounts payable = €40
Sales growth rate = g 30% Last year's notes payable = €50
Last year's total assets A0* = €500 Last year's accruals = €30
Last year's profit margin (PM) = 5% Target payout ratio = 60%
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