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Question 1 Cash 1 AP 2 Receivables 15 NP 11 Inv 11 LOC 0 Total CA 27 Acc 5 Total CL 18 NFA 24 Long-term
Question 1
Cash 1 AP 2
Receivables 15 NP 11
Inv 11 LOC 0
Total CA 27 Acc 5
Total CL 18
NFA 24 Long-term Debt 12
Common stock 15
RE 6
Total Assets 51 Total L + CE 51
Given the above balance sheet and the below info, determine the AFN?
CurrentSales 100
Net income 5
Sales Growth 15%
Dividends 1
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