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Fuzzy Button Clothing Company has the following end-of-year balance sheet: and also expects to maintain its long-run dividend payout ratio of 45%. assets that is
Fuzzy Button Clothing Company has the following end-of-year balance sheet: and also expects to maintain its long-run dividend payout ratio of 45%. assets that is necessary to support Fuzzy Button Clothing Company's expected sales. (Note: Do not round intermediate calculations.) $552,000$528,000$432,000$480,000 Button Clothing Company this year? (Note: Do not round intermediate calculations.) $73,600$64,000$57,600$70,400 from the capital markets. Assume that the firm's profit margin and dividend payout ratio are expected to remain constant. retained earnings. (Note: Do not round intermediate calculations.) According to the AFN equation and projections for Fuzzy Button Clothing Company, the firm's AFN is \$ - (Note: Do not round intermediate calculations.)
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