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Sales are expected to increase by 20% from $8.2 million in 2015 to $9.84 million in 2016.
Assets totaled $5 million at the end of 2015.
Current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals.
The after-tax profit margin is forecasted to be 6%.
The company pays no dividends
Under these assumptions, what would be the additional funds needed for the coming year?
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"In your research, you must take into consideration several macroeconomic factors," he says. "We want to see information about the gross domestic product (GDP), unemployment, interest rates, and inflation for both the United States and South Korea..
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