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ebook Problem Walk-Through AFN equation Broussard Skateboard's sales are expected to increase by 20% from $7.2 million in 2018 to $8.64 million in 2019. Its

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ebook Problem Walk-Through AFN equation Broussard Skateboard's sales are expected to increase by 20% from $7.2 million in 2018 to $8.64 million in 2019. Its assets totaled $5 million at the end of 2018 Broussard is already at il capacity, so its assets must grow at the same rate as projected sales. At the end of 2018, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 3%, and the forecasted payout ratio is 70%. What would be the additional funds needed? Do not round intermediate calculations. Round your arswer to the nearest dollar Assume that the company's year end 2018 assets had been $6 million. Is the company's 'capitali t y ratio the same or different? The capital intensity ratio measured as A /5. Broussard's current capital intensity ratio is Select that of them with million year and 2018 Broussard Sales capital intensive. It would require select increase in total assets to support the increase in sales : therefore

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