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Union balance sheet as of december 31, 2018, is shown here (million of dollars), sales on 2018 is 2000. 2. Union Co. Balance Sheet December

Union balance sheet as of december 31, 2018, is shown here (million of dollars), sales on 2018 is 2000.
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2. Union Co. Balance Sheet December 31, 2018 Cash $100.0 Accounts Payable $120.0 Receivables 200.0 Notes Payable 200.0Accruals $500.0 500.0 150.0 80.0 $350.0 150.0 Inventory Total Current Assets 1 Total Current Liabilities Net Fixed Assets Mortgage Loan 100.0 400.0 $1000.0 Common Stock Retained Earnings Total Assets $1000.0 Total Claims Union balance sheet as of December 31, 2018, is shown here (millions of dollars), Sales on 2018 is 2000. Union's projected Sales for 2019 is $2400, and the net profit margin is 3 % and dividend payout ratio is 40%. Find the Additional Funds Needed (AFN). If all the AFN could be raised through additional Long Term-Debt complete Union 2019 pro forma balance sheet. What will be the new Current Ratio and the Debt Ratio

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