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    Small Business Management Study Set 1
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    Exam 11: Forecasting Financial Requirements
  5. Question
    D & R Products Forecast a First Year Asset Requirement
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D & R Products Forecast a First Year Asset Requirement

Question 46

Question 46

Multiple Choice

D & R Products forecast a first year asset requirement of R143 500; therefore, the total debt requirement is


A) R143 500.
B) a set percentage of sales.
C) equal to the current ratio.
D) dependent on the owner's equity amount.

Correct Answer:

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