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Please answer all 3 BUSN 302.01 2018 Spring Exam-3 Name himber HoImes 1. Last year Baron Enterprises had $350 million of sales, and it had

image text in transcribedPlease answer all 3
BUSN 302.01 2018 Spring Exam-3 Name himber HoImes 1. Last year Baron Enterprises had $350 million of sales, and it had $270 million of fixed assets that were used at 60% of capacity last year. In millions, by how msuch could Baron's sales increase before it is required to increase its fixed assets? In your internship with Lewis, Lee, & Taylor Inc. you have been asked to forecast the firm's additional funds needed (AFN) for next year. 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? 2. $50,000 Last year's sales $200,000 Expected next year's sales $260,000 Last year's notes payable $15,000 Last year's total assets $135,000 Profit margin-20% Last year's account payable Last year's accruals- $20,000 Dividend payment-$30,000 What factors are not controllable by the firm when determining the weighted average cost of capital (WACC)? 3

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