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Please show steps Assume the following information is given for Splash Co. Enter your answers below WITHOUT a dollar sign and rounded to the nearest
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Assume the following information is given for Splash Co. Enter your answers below WITHOUT a dollar sign and rounded to the nearest dollar. - Current sales (S0)=1500. - Projected sales (S1)=2500 - Total assets =$1,100. - Spontaneous liabilities (L)=300. - Profit margin = 7\%. - Dividend payout ratio =45%. In the AFN equation, what is S0LS ? In the AFN equation, what is MS1RR ? Assume that all assets are being used at 80% capacity. What is full capacity sales? What is the Taraet Total Assets What is the required level of total assets? How much does the company need to buy in NEW TOTAL ASSETS? What is the AFN for this company based on your previous calculationsStep by Step Solution
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