1. The Additional Funds Needed (AFN) equation Green Moose industries has the following end-of-year balance sheet: The firm is currently in the process of forecasting sales, asset requirements, and required funding for the coming year. In the year that just ended, Green Moose Industries generated $300,000 net income on sales of $14,000,000. The firm expects sales to increase by 172 , this coming year and also expects to maintain its long-run dividend payout ratio of 45%. Suppose Green Moose Industries's assets are fully utilized. Use the additional funds needed (AFV) equation to determine the increase in tatal assets that is necessary to support Gren Moose Industries is expected sales. $433,500 $535,500 $566,500 1510,000 When a firm grows, some habilities grow spontaneoush y along with sales. Spontaneous habilities are a source of captal that the firm will generate internally, so ther reduce the need for external capital. How much of the total increase in assets will be supplied by spontanebua labalties for Green Moose induscries thas yar? $60,000 571,400 570,200 557,500 In addition, Green Moose Industries is oppected to generate oet income this veac. The firm wil pay out soene of its carnings as dividends but will retain the rest for future asset investment, Again, the more ofirm generates internally from its operations, the less it will have to rflie externally from the captal makets. Aswume that the firmis profis margin and dividend parout ratio are eapected to remain conctant. Civen the preceding information, Green Moose Induatries is expected to generate oarnings. freen operotions that na bet added to retwined According to the AFV equation and projections for Green Moose Industres, the firmis AFt is