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Additional Funds Needed The Booth Company's sales are forecasted to double from $1,000 in 2015 to $2,000 in 2019. Here the December 31, 2015, balance

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Additional Funds Needed The Booth Company's sales are forecasted to double from $1,000 in 2015 to $2,000 in 2019. Here the December 31, 2015, balance sheet: Cath $ 100 Accounts payable 350 Accounts receivable 200 Notes payable 150 Inventos 200 Accruals 50 Net fixed assets 500 Long-term debt 400 Common stock 100 Retained earnings 250 Totales $1,000 Total abilities and equity $1,000 Boot's forced assets were used to only 50% of capacity during 2018, but its current assets were the proper levels in relation to sales All assets except fixed must increase at the same rates sales, and found assets would also have to increase at the same cate the current excess capacity did not exist. Booths after tak pot man is forecasted to be 5% and its payout ratio to be 50%. What is Booth's additional funds needed (AFN) for the coming year? Round your answer to the nearest dollat 5

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