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Green Moose Industrles Balance Sheet For the Year Ended on December 31 The firm is currently in the process of forecasting sales, asset requirements, and

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Green Moose Industrles Balance Sheet For the Year Ended on December 31 The firm is currently in the process of forecasting sales, asset requirements, and required funding for the corning year. in the year that just ended, Green Moose Industries generated $450,000 net income on sales of $12,500,000. The firm expects saies to increase by 15% this coming year and also expects to maintain its long-run dividend payout ratio of 45%. Suppose Green Moose Industries's assets are fully utilized. Use the additional funds needed (AFN) equation to determine the increase in total assets that is necessary to support Green Moose Industries's expected saies. $360,000 $472,500 3382,500 5450,000 When a firm grows, some liabilities graw spontaneously along with sales. Spontaneous llabilitios are a source of capitat that the firm will generate internaliy, so they reduci the need for external copital. How much af the total increase in assets will be suppled by spontaneous liabiaties for Green Moose Industries this year? $63,000 $60,000 551,000 When a firm grows, some fiabilibes grow spontaneously along wh sales. Spontaneous liabilities are a source of capitai that the firm will generote internaliy, so they reduce the need for external capital. How much of the total increase in assets will be supplied by spontaneous liabiaties for Green Moose industries this year? $63,000 $60,000 $51,000 $48,000 In oddition, Green Moose Industries is expected to generate net income this yoor. 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 internaily from its operations, the fess it will have to raise externally from the capital markets. Assume thot the firm's pront margin and dividend poyout ratio are expected to remain constant. Given thit preceding information, Green Moose Industries is expected to generate: from operations that wil be added to fetained earnings. According to the AFN equation and projections for Green Moose Industnes, the firm's AFN is

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