Help Please
The firm is currently in the process of forecasting sales, asset requirements, and required funding for the coming year. in the year that just ended, Green Moose Industries generated $400,000 net income on sales of $13,500,000, The firm expects sales to increase by 15% this coming year and also expects to maintain its long-run dividend payout ratio of 35%. Suppose Green Moose's assets are fully utilized. Using the additional funds needed (AFN) equation to determine the increase in total assets that is necessary to sugport a firm's expected sales, it:is projected that Green Moose will require suppose Green Moose's assets are fully utilized. Using the additional funds needed (AFN) equation to determine the increase in total assets that is hecessary to support a firm's expected sales, it is projected that Green Moose will require in additional assets. When a firm grows, some liabilities grow spontaneously along with sales. Spontaneous liabilities are a source of capital that the firm will generate internally, so they reduce the need for external capital. How much of the total increase in assets will be supplied by spontaneous liabilities for Green Moose this year? In addition, Green Moose Industries is expected to generate net income this year. The firm will pay out some of its eaminos as dividends but will retair the rest for future asset investment, Again, the more a firm generates internally from its operations, the less it will have to raise dxternally from the capital markets. Assume that the firm's profit maroin and dividend payout ratio are expected to remain constant. Given the preceding information, Green Moose expects to generate from operations that will be added to its existing retained earnings. (Hint: Round your answer to the nearest whole dollar.) According to the AFN equation and projections for Green Moose Industries, the firm's AFN is