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Daniel Sawyer, the CEO of the Sawyer Group, is initiating planning for the company's operations not year, and he wants you to forecast the firm's

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Daniel Sawyer, the CEO of the Sawyer Group, is initiating planning for the company's operations not year, and he wants you to forecast the firm's addical feeded (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equution, what is the AFS for the coming year? Dollain millions Last year's sales - So $350 Last year's accounts payable $40 Sales growth rate & 3096 Last year's notes payable $850 Last year's total assets - A* $30 Last year's accruals 6096 5% Target payout ratio Last year's profit margin-PM Select the correct answer $50 Ca. 52220 O b. $219.1 O $2249 O d. 52162 O . 52278

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