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Will the company need any outside capital

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Problem 1: John has a "TOTAL ASSETS" of $36,200 and "TOTAL LIABILITIES & EQUITY" of $36,200 and just invented a nonslip wig for cancer patients which he expects will cause sales to double from $10,000 to $20,000, increasing net income to $1,000. he feels that he can handles the increase without adding any fixed assets. Will the company need any outside capital if they pays no dividends and, if yes, how much?

Reference no: EM132956359

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