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A firm anticipates 20% growth in Sales next year. The firm's current information below: Assets: Sales: 7.2b 11.4b Liabilities 1.1b . Net Income: 0.6b Dividends:
A firm anticipates 20% growth in Sales next year. The firm's current information below: Assets: Sales: 7.2b 11.4b Liabilities 1.1b . Net Income: 0.6b Dividends: 0.1b Using the AFN equation, calculate the Additional Funds Needed $642 million $767 million $583 million $492 million
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Financial Management Theory And Practice
Authors: Prasanna Chandra
7th Edition
0070656657, 978-0070656659
