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Question 25 I pts In your internship with Lewis, Lee, & Taylor Inc, you have been asked to forecast the firm's additional funds needed (AFN)

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Question 25 I pts In your internship with Lewis, Lee, & Taylor Inc, you have been asked to forecast the firm's additional funds needed (AFN) for next year. The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year's sales Si $200,000Last year's accounts payable $50,000 Sales growth rates 40%Last year's notes payable SI5.000 Lad year's total assets - A $135.000Last year's accruals $ 20,000 Last year's profit margin-PM 200%Target payout ratio 250% -$16.000 $14.440 -$17.640 - 515,200 -S16,00

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