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Blue Elk Manufacturing reported sales of $ 7 7 5 , 0 0 0 at the end of last year; but this year, sales are
Blue Elk Manufacturing reported sales of $ at the end of last year; but this year, sales are expected to grow by Blue Elkexpects to maintain its current profit margin of and dividend payout ratio of The firms total assets equaled $ and were operated at full capacity. Blue Elks balance sheet shows the following current liabilities: accounts payable of $ notes payable of $ and accrued liabilities of $ Based on the AFN Additional Funds Needed equation, what is the firms AFN for the coming year?
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