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5. What do you know about applying the AFN model? the following equation To answer this question, the blank table below is to be completed

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5. What do you know about applying the AFN model? the following equation To answer this question, the blank table below is to be completed using Bonzo Computer, Inc. Pro forma AFN Calculations Under Various Combinations Of Growth Rates In Sales and Retention Ratios Assumed Growth Rate of Sales 20 percent 40 percent 60 percent retention 80 percent retention State-contingent estimates of external funds required (additional funds needed) should be written above for each of the four combinations of assumed growth rate in sales and retention ratios. Calculate under the following assumptions: (1) the ratio of spontaneous assets to sales equals (309/1,197) (2) the ratio of spontaneous liabilities to sales is equal to (29/1,197) (3) a net profit margin of 8 percent (4) initial sales were $1,197,000. The firm does not anticipate any need to invest in additional fixed assets in order to increase capacity

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