Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help. Show all the calculation. The Additional fund needed formula is in the second picture. Please follow all the instructions. 18. Suppose in 2023
please help. Show all the calculation. The Additional fund needed formula is in the second picture. Please follow all the instructions.
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) TO FQRECAST FINANCIAL STATTMONTS WENEED TO ESTIMATE NERSALES, 6 aO WTth AFTKE WE HAVESNLES GrowTH FRRECNET =g THAN WE CAN FORECAST FINANEIAL STATENONTS USin6 2 common METHODS (1) ADDITIONAL FIND NETOED (AFN) METAOD (2) Forecasted FNANCLIALSTATHMENT (FFS) METHOD. Focus on AFN METTIOD: AFN INDICATES HOW MUCCH ADDITIONAL CAPITAL NEEDED To SNPPORT PROJETTED FinM's sales Growitr (g) AFN=S0A(S)S0L(S)PMS1(1POR)A=SPONTHNEOUSASSTA(=T0TL+ASETS) A= SPonthificos ASSETS (= TOTALASSETS) Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started