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ry Bohemian Manufacturing Company reported sales of $820,000 at the end of last year; but this year, sales are expected to grow by 7%. Bohemian

ry Bohemian Manufacturing Company reported sales of $820,000 at the end of last year; but this year, sales are expected to grow by 7%. Bohemian expects to maintain its current profit margin of 21% and dividend payout ratio of 30%. The firm's total assets equaled $475,000 and were operated at full capacity. Bohemian's balance sheet shows the following current liabilities: accounts payable of $80,000, notes payable of $45,000, and accrued liabilities of $80,000. Based on the AFN (Additional Funds Needed) equation, what is the firm's AFN for the coming year? O-$96,235 O $128,314 O-$106,928 O $112,274
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Bohemian Manufacturing Company reported sales of 5820,000 at the end of last year; but this year, rales are expected to orow by 7 ts. Boherolan expects to maintain its current profit margin of 21% and dividend payout ratio of 30%. The firm's total assets equaled $475,000 and were operated at full capadity. Bohemian's balance sheet shows the following oirrent liabilies; accounts payable of $80,000,n0tes payable of $45,000, and accued liabilites of $80,000. Based on the AFN (Additional Funds Needed) equation, what is the firm's AFN for the coming year? $96,235 $128,314 5106,928 $112,274

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