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The Booth Company's sales are forecasted to double from $1,000 in 2019 to $2,000 in 2020 . Here is the December 31 , 2019, balance

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The Booth Company's sales are forecasted to double from $1,000 in 2019 to $2,000 in 2020 . Here is the December 31 , 2019, balance sheet: ot the same rate as saies, and fued assets would alwo have to inerease at the same rate if the current extess capscity ded not exist. Aooth's after-fax profit margin is forecasted to be 7 th and its perout ratio to be 50%. What is boothis additional fuadt needed (AFN) for the coming yeace kound your ansiner to the nearest dollar

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