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Author Question: ABC Co. is planning its operations for next year, and Ronnie Clayton, the CEO, wants you to forecast ... (Read 58 times)

sreghbsidhgjbndskijgnio

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on: Aug 7, 2023
ABC Co. is planning its operations for next year, and Ronnie Clayton, the CEO, wants you to forecast the firm’s additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions.

Last year’s sales = S0$420 Last year’s accounts payable$50
Sales growth rate = g25% Last year’s notes payable (to bank)$80
Last year’s total assets = A0$600 Last year’s accruals$40
Last year’s profit margin = M6% Target payout ratio55%

◦

$105.20


◦

$110.05


◦

$113.33


◦

$118.40

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by sreghbsidhgjbndskijgnio on Aug 7, 2023

jbsuccess1

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sreghbsidhgjbndskijgnio

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Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)

jackie

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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