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A company reports the following for the prior year: $ 1 . 6 million in sales $ 1 million in total assets $ 1 6
A company reports the following for the prior year:
$ million in sales
$ million in total assets
$ in net income
$ in equity at the beginning of this prior year
$ in current assets
$ in fixed assets
$ in accounts payable
$ in accrued liabilities
The company projects that the sales will grow at Calculate the AFN for this company assuming retention ratio.
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