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Question John Helms the CEO of the ABC Group, is initiating planning for the company's operations next year, and he wants you to forecast the
Question John Helms the CEO of the ABC Group, is initiating planning for the company's operations next year, and he wants you to forecast the m's self-reporting growth rate since the firm doesn't have any access to external funding. The firm is operating at full capacity. Data Tore in your forecast are shown as followings: last year's sales = $400, expected sales = $400, last year's accounts payable = $50, last year's notes payable=540, last year's accruals = $40, profit margin= 5%, and retention ratio = 55%. Based on the AFN equation, what is the form the self-supporting growth rate? 00264 0001
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