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Help this is due in 20 minssss Gerald Stanton, the CEO of the Stanton Group, is initiating planning for the company's operations next year, and

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Gerald Stanton, the CEO of the Stanton Group, is initiating planning for the company's operations next year, and he wants you to forecast the firm's additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions. Last year's sales (So-$350 Sales growth rate (g)-26% Last year's total assets (Ao)-$480 Last year's profit margin (PM)-4.1% Last year's accounts payable $30 Last year's notes payable$40 Last year's accruals = $20 Target payout ratio 80% O $119.9 O $113.9 O $108.2 O $102.8 o $125.9

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