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Cash $50 Accounts receivable $60 inventory $80 Fixed Assets $100 Total Assets $290 Accounts payable $10 Notes payable $50 L-T Debt $80 Common Stock 120

Cash $50

Accounts receivable $60

inventory $80

Fixed Assets $100

Total Assets $290

Accounts payable $10

Notes payable $50

L-T Debt $80

Common Stock 120

Retained earnings $30

Total Liabilities and Equity $290

Sales for the year just ended $800 and fixed assests were used at 80% of capacity, but its current assets were at optimal levels. Sales are expected to grow 30% next year, the profit margin is 5%, and the dividend payout is 50%. How much AFN will be needed?

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