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Green Caterpillar Garden Supplies Inc, reported sales of 5890,000 at the end of last year; but this year, sales are expected to grow by 8%.

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Green Caterpillar Garden Supplies Inc, reported sales of 5890,000 at the end of last year; but this year, sales are expected to grow by 8%. Green Caterpillar expects to maintain its current profit margin of 24% and dividend payout ratio of 30%. The firm's total assets equaled $500,000 and were operated at full capacity. Green Caterpillar's balance sheet shows the following current llabilities: accounts payable of 580,000 , notes payable of $45,000, and accrued llabilities of $70,000. Blased on the AFN (Additional Funds Needed) equation, what is the firm's AFN for the coming year? $153,504$140,156$146,830$133,482 A negatively signed AfN value represents: A peint at which the funds generated within the firm equal the demands for funds to finance the firm's future expected sales requirements. A negatively-signed AFN value represents: A point at which the funds generated within the firm equal the demands for funds to finance the firm's future expected sales requirements. A surplus of internally generated funds that can be invested in physical or financial assets or paid out as additional dividends. A shortage of intemaily generated funds that must be raised outside the company to finance the company's forecasted future growth. Becouse of its excess funds, Green Caterpillar is thinking about raising its dividend payout ratio to satisfy shareholders. What percentage of its earnings can Green Caterpillor poy to sharenolders without needing to raise any external capital? (Hint: What can Green Caterpiliar increase its dividend payout rotio to before the AFN becomes positive?) 70.3% 87.9% 61.5% 74.7%

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