Sprzedaż jako podstawa określenia potrzeb kapitałowych w spółce akcyjnej

The deliberations contained in the article concern the methodology of estimating the amount of funds needed to finance of programme of sales increase in a company. A starting point for formulating capital requirements is a sales forecast, indices of capital intensity rates and spontaneous liabilities. The determined internal sources of financing the programme of sales decrease the overall amount of external funds needed by a company to finance the increase of sales. The size of this decrease is dependent upon: net profit, retained profit rate, dividend rate, rate of spontaneous liabilities, and depreciation. It is also affected by inflation.