MNC expects its sales to increase by 10% from the current year level of ₹5 million. With a Net Profit Margin of 8% and a pay-out ratio of 30%, what financing for the next year will be available from internal sources ?
CS Executive · Financial and Strategic Management · PYQS · December 2019
MNC expects its sales to increase by 10% from the current year level of ₹5 million. With a Net Profit Margin of 8% and a pay-out ratio of 30%, what financing for the next year will be available from internal sources ?
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Financial Management
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