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Q2 Internal financial planners forecast Wooten Sims LLC's sales to increase by 4% next year Current sales are $562 million Total operating assets in the
Q2 Internal financial planners forecast Wooten Sims LLC's sales to increase by 4% next year Current sales are $562 million Total operating assets in the current period are 1, 200 million ($1.2 billion) In the current period, short term debt is $75 million accounts payable is $80 million, and accruals are $100 million The firm's profit margin is 15% and expected to remain stable The firm pays out 60% of its earnings each period as dividends Q2a Compute the self-supporting growth rate for Wooten Sims Q2b What does this growth rate mean? Be sure to mention the AFN in your answer SHOW-TORK HERE HIGHLIGHT FINAL ANSWER IN YELLOW
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