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Use the following information to compute the AFN. Last year's sales = S 0 $25,000 Last year's A/P $450 Sales growth rate = g 4.5%
Use the following information to compute the AFN.
Last year's sales = S0 | $25,000 | Last year's A/P | $450 | ||
Sales growth rate = g | 4.5% | Last year's N/P | $4,500 | ||
Last year's total assets = A0* | $50,000 | Last year's accruals | $40 | ||
Last year's profit margin = PM | 14.0% | Target payout ratio | 40% |
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