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Use the er the Questions 7-11 requires you to forecast the firm's adfitional funds needed for the 25% from its sales ofRM480,000 in the coming

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Use the er the Questions 7-11 requires you to forecast the firm's adfitional funds needed for the 25% from its sales ofRM480,000 in the coming year. Its sales are expected so increase by last year. Its last year's net re RM18,200 and RMM630,000, respectively. In the last year, accounts receivable is RM117,000, accounts payable is R336,000 notes payable is RM48000, and accraals are RM20,000. The firm is operating at fill capacity: The treet payout nio is 65% 7) What is the forecasted sales? a) RM120,000 b) RM600,000 c) RM787,300 d) RM22,750 8) What is the change in sales? a) RM120,000 b) RM600,000 c) RM787,500 d) RM22,750 9) What is the profit margin? a) 0.038 b) 1.31 c) 26.37 d) 32.96 10) What is the retention ratio? a) 065 b) 035 c) 1 d) 0.75 11) What is the additional fund needed (AFN) for the coming year? a) RM128,712.5 b) RM135,537.5 c) RM140,542.5 d) RM141,907.5 12) Suppose you have RM2,000 and plan to purchase a 10-year certificate of deposit that pays 65% interest, compounded annual deposit matures? a) RM278 2 b) RMI,0655 e) RM3,7541 y. How much will you have whethe certificate of

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