2. More on the AFN (Additional Funds Needed) equation Bohemian Manufacturing Company reported sales of $820,000 at the end of last year; but this year, sales are expected to grow by 7%. Bohemian expects to maintain its current profit margin of 24% and dividend payout ratio of 30%. The firm's total assets equaled $500,00 and were operated at full capacity. Bohemian's balance sheet shows the following current liabilities: accounts payable of $80,000, notes payable of $35,000, and accrued liabilities of $60,000. Based on the AFN (Additional Funds Needed) equation, what is the firm's AFN for the coming year? O $116,093 O -$122,203 -$158,864 -$128,313

2. More on the AFN (Additional Funds Needed) equation Bohemian Manufacturing Company reported sales of $820,000 at the end of last year; but this year, sales are expected to grow by 7%. Bohemian expects to maintain its current profit margin of 24% and dividend payout ratio of 30%. The firm's total assets equaled $500,00 and were operated at full capacity. Bohemian's balance sheet shows the following current liabilities: accounts payable of $80,000, notes payable of $35,000, and accrued liabilities of $60,000. Based on the AFN (Additionai Funds Needed) equation, what is the firm's AFN for the coming year? $116,093 $122,203 5158,864 $128,313