The chief financial officer of ajax industries expects


The chief financial officer of AJAX Industries expects sales to increase from $8,000,000 in 2010 to $12,000,000 in 2011. Current assets in 2010 are equal to $5,000,000. Using the percent of sales method, projected current assets for 2011. Please show step by step on how you got to your answer.

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Financial Management: The chief financial officer of ajax industries expects
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