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Question 9 1 pts Tricky & Partners expects its sales to increase by 30%. Currently the sales of Tricky are $2,400,000 and the total assets
Question 9 1 pts Tricky & Partners expects its sales to increase by 30%. Currently the sales of Tricky are $2,400,000 and the total assets are $4,300,000. Tricky has accounts payable of $120,000 and accruals of $70,000. The expected profit for next year is 8% and the expected payout ratio is 24%. Using the AFN equation, what are Tricky & Partners' additional funds needed for the coming year? $1,345,000 O $1,234,450 O $1,422,210 $1,043,304 Question 10 1 pts Using the same information as in Problem 9, what is the self-supporting growth rate of Tricky & Partners? O 6.12% 0 2.64% 4.77% 3.68%
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