Question
Q9 Networks is a leading provider of outsourced data center infrastructure such as web servers and data storage. Use the equation approach and the financial
Q9 Networks is a leading provider of outsourced data center infrastructure such as web servers and data storage. Use the equation approach and the financial data in the table to calculate additional funds needed(AFN) in Year 6.
Selected Financial Statement Values and Ratios
Q9 Networks As of December31, Year 5($ 000s)
Total Assets $113,104
Fixed Assets 36,757
Assets that Change with Sales 41,803
Total Revenues(Year 5) 37,829
Total Revenues(Year 6) 45,395
Change in Revenues 7,566
Total Liabilities 11,779
Liabilities that Change with Sales 7,688
Profit Margin 0.27%
Dividend Payout Ratio 0%
A. $6,702
B. $1,301
C. $2,220
D. $2,292
E. $7,081
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