Bohemian Manufacturing Company reported sales of $720,000 at the end of Last yeac, but this year, sakes are expected to grow by 996 . BMC expects to maintain its current profit margin of 22% and dividend payout ratio of 10%. The following information was taken from BMC's balance sheet: Based on the AFN equation, the firm's AFN for the current year is A negativelyesigned AFN value represents a shortage of intemally generated funds that must be raised cutside the company to finance the company's forecasted future growth. a surplus of internally generated funds that can be invested in physicat or financial assets or paid out as additional dividends. a point at which the funds generated within the firm equal the demands for funds to finance the firm's future expected sales requirements. Because of its excess funds, Bohemian Manufacturing Company is thinking about raising its dividend payout ratio to satisfy shareholders. BMC could pay out of its earnings to shareholders without needing to raise any external capital. (Hint: What can EMC increase its dividend payout rabo to before the AFN becomes positive?)