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[Sustainable Sales Growth Rates and Additional Funds Needed] The Minoso Corporation anticipates a 20 percent increase in sales for 2020 over its 2019 level. Minoso

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image text in transcribed [Sustainable Sales Growth Rates and Additional Funds Needed] The Minoso Corporation anticipates a 20 percent increase in sales for 2020 over its 2019 level. Minoso is currently operating at full capacity and thus expects to increase its investment in both current and fixed assets in order to support the increase in forecasted sales. A. Estimate Minoso's sustainable sales growth rate based on the financial data relationships for 2019. In making your estimate, calculate each component of the firm's operating performance and financial policies. B. Estimate the additional funds needed (AFN) for 2020 using the formula or equation method. C. Briefly describe differences in calculation assumptions between the sustainable growth rate and additional funds needed models

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