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Attempts Keep the Highest/12 4. Problem 9-02 (AFN Equation) AFN equation Brousiard Skateboard's soles ace expected to lincrease by 15 from 18.8 million in 2018

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Attempts Keep the Highest/12 4. Problem 9-02 (AFN Equation) AFN equation Brousiard Skateboard's soles ace expected to lincrease by 15 from 18.8 million in 2018 to 110.12 malion in 2019 . Its assets totaled 55 million at the end of 2018 . Broussard is alreedy at full copaeity, so its assets must grow at the same rate as projected sales. At the end of 2018 , current habilities were $1,4 million, consisting of \$450,000 of accounts paysble, $500,000 of notes payable, and $450,000 of accruas. The after-tax proft margin is forecasted to be 3+4 and the forecasted payout ratio is 60k. What would be the addtional funds needed? Do not round intermediate calculations. Round your answer to the nearet dollac, Assume that the compemy's year-end 2018 assets had been 46 milion, is the company's "capital intensity ratio the same or different? The capital intenchy ratio is measured as A0 %/50. Broussard's current capital intenvty ratio is Broussard is copital intensive - it wouid require increase in total assets to support the increave in sales. Attempts Keep the Highest/12 4. Problem 9-02 (AFN Equation) AFN equation Brousiard Skateboard's soles ace expected to lincrease by 15 from 18.8 million in 2018 to 110.12 malion in 2019 . Its assets totaled 55 million at the end of 2018 . Broussard is alreedy at full copaeity, so its assets must grow at the same rate as projected sales. At the end of 2018 , current habilities were $1,4 million, consisting of \$450,000 of accounts paysble, $500,000 of notes payable, and $450,000 of accruas. The after-tax proft margin is forecasted to be 3+4 and the forecasted payout ratio is 60k. What would be the addtional funds needed? Do not round intermediate calculations. Round your answer to the nearet dollac, Assume that the compemy's year-end 2018 assets had been 46 milion, is the company's "capital intensity ratio the same or different? The capital intenchy ratio is measured as A0 %/50. Broussard's current capital intenvty ratio is Broussard is copital intensive - it wouid require increase in total assets to support the increave in sales

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