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here is the formula for Additional fund needed please help 18. Suppose in 2023, Tyson's Net Sales is expected to grow at 12%, using the

here is the formula for Additional fund needed please help
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18. Suppose in 2023, Tyson's Net Sales is expected to grow at 12%, using the Additional Fund Needed (AFN) formula calculate Tyson AFN to support its 12% growth using its status quo in 2022. And then, given your calculated AFN, suppose that Tyson decides to fund all its projected AFN by issuing new Long-term Debt, calculate the projected Total Liabilities-to-Total Asset ratio for Tyson in 2023. (Cash dividends during 2022 is $153, the same units as stated in financial statements) ( 5 points) FORE LASTING FINPUCIAL STATE MENTTS TO FORE CAST FINANCIA L STATTMONT' WENEED TO ESTIMATE NFESALES. 6 20W TH AFTE WE HAVE SNLES GROWTH FRECNET =g USin6 2 comnon MeThoos (1) ADDITIONAL FLND NECDED (AFN) METHOD (2) Forecasted FNAARCIAL STATEMENT (FFS) METHOD. Focus on AFN METTOOD: AFN INDICARES HOW MUCH ADDiTIONALCAPITAL NEEDED To SuPPORT PROJETTEO FiAM'S SALES GROWITY (g) AFN=S0A(S)S0L(S)PMS1(1POR) A= SPONTTHE OUS ASSEAS (= TOTALALSETS ) POR = DWIDEND PAYOUT RATCO =NETINGOEETOTALDIVIDENDS

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