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FOR:AFN Melody Kline, the CEO of Kline Tastic, is initiating planning for the company's operations next year, and she wants you to forecast the firm's
FOR:AFN Melody Kline, the CEO of Kline Tastic, is initiating planning for the company's operations next year, and she wants you to forecast the firm's additional funds needed (AFN). The firm is operating the AFN equation, what is the AFN for the coming year? Dollars are in millions. Last year's sales = So Sales growth rate = g Last year's total assets = A0* Last year's profit margin = PM O $102.8 O $108.2 O $113.9 O $119.9 43393383 384 none of the other answers are correct $350Last year's accounts payable 30%Last year's notes payable $500Last year's accruals 5% Target payout ratio
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