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Fuzzy Button Clothing Company has the following end-of-year balance sheet: Fuzzy Button Clothing Company generated $450,000 net income on sale and also expects to maintain

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Fuzzy Button Clothing Company has the following end-of-year balance sheet: Fuzzy Button Clothing Company generated $450,000 net income on sale and also expects to maintain its lang-run dividend payout ratio of 30%. 179,200 $57,600 472,000 575,600 In addition, furcy Button Clothing Compary is expected to generate net income this year. The firm will pay out some of its earnings as dividends but will retain the rest for future asset investment. Again, the more a firm generates intemally from its operations, the less it will have to raise externally from the capital markets. Assume that the firms profic margin and dividend payout ratio are expected to remain constant. Given the preceding information, Furzy Button expects to generote from operations that will be added to its existing retained earnings, (Hint: Round your answer to the nearest whole dollac).) Acconding to the NFN equation and projections for Fuzzy Button. Clothing Company, the firm's AFN is

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