The term "additional funds needed (AFN)" is generally defined as follows: Funds that a firm must raise externally from non-spontaneous sources, i.e by borrowing or by selling new stock to support operations. Funds that are obtained automatically from routine business transactions. A forecasting approach in which the forecasted percentage of sales for each balance sheet assets account is held constant. The amount of internally generated cash in a given year minus the amount of cash needed to acquire the new assets needed to support growth. The amount of assets required per dollar of sales. United Builders wants to maintain surges capital structure with 30% debt and 70% equity, is forecasted income is $550,000, and because of market condition company any new stock during the coming year. If the firm follows the residual dividend policy, what is the maximum capital that is with maintaining the target capital structure? $746, 429 $709, 107 $785, 714 $825,000 $673, 552