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Chang Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed ( AFN ) .

Chang Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed

(

AFN

) .

Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year?

\

table

[[

Last year's sales

= S_{0},

250, 000,

Last year's accounts,$

45, 000

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