Daniel Sawyer, the CEO of the Sawyer Group, is initiating planning for the company's operations next year, and he wants you to forecast the firm's additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Last year's sales = S0 = $350 Last year's accounts payable = $40 Sales growth rate = g = 30% Last year's notes payable = $50 Last year's total assets = A0* = $500 Last year's accruals = $30 Last year's profit margin = PM = 5% Target payout ratio = 60%

What is the Self-Supporting Growth Rate for the Sawyer Group?

Group of answer choices

0.98%

1.65%

2.41%

2.88%

3.10%

Based on the AFN equation, what is the AFN for the coming year?

Group of answer choices

$102.8

$108.2

$113.9

$119.9

$125.9

Which of the following is correct?

Group of answer choices

The longer a project's payback period, the more desirable the project is normally considered to be by this criterion.

When a projects NPV is negative, it means the present value of revenues are below the present value of costs, and therefore its Profitability Index is below 1.

All of the above are correct.

None of the above is correct.