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12 ABC platning its operation for next year. Ronnie Clayton, the CEO, wants you to forecast the firm's additional funds needed (AFN). Data for use

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12 ABC platning its operation for next year. Ronnie Clayton, the CEO, wants you to forecast the firm's additional funds needed (AFN). Data for use your forces are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions Last your sales Sales growth rates Last year's classes Last year's primarie PM 540 SI50 Last yr's accounts payable 30% Last yr's notes payable 5460 Last yr's accruals 5% Turget payout ratio $50 STO 60% Select one 3120,8 b. 51241 $574 d 5906 0.51079

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