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Please give an answer with the formulas. The Balanco Corporation anticipates a 20 percent increase in sales for 2021 over its 2020 level. Balanco is
Please give an answer with the formulas.
The Balanco Corporation anticipates a 20 percent increase in sales for 2021 over its 2020 level. Balanco is currentlv operating at full canacitv and thus expects to increase its investment in both current and fixed assets B. Estimate the additional funds needed (AFN) for 2021 using the formula or equation methodStep by Step Solution
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