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What would be the excel equation for the AFN? Problem 9-4 begin{tabular}{|l|rr|} hline multicolumn{2}{|c|}{ INPUT } & hline Sales 2021 & $ & 5,000,000
What would be the excel equation for the AFN?
Problem 9-4 \begin{tabular}{|l|rr|} \hline \multicolumn{2}{|c|}{ INPUT } & \\ \hline Sales 2021 & $ & 5,000,000 \\ \hline Assets 2021 & $ & 2,500,000 \\ \hline Notes payable 2021 & $ & 300,000 \\ \hline Accounts payable 2021 & $ & 500,000 \\ \hline Accruals 2021 & $ & 200,000 \\ \hline Profit margin & & 7.0% \\ \hline Dividend payout ratio & 80.0% \\ \hline \end{tabular} \begin{tabular}{|l|rr|} \hline \multicolumn{2}{|c}{ OUTPUT } & \\ \hline Self Supporting Growth Rate & & 3.63% \\ \hline M(1POR)S0 & $ & 70,000 \\ \hline A00L0M(1POR)S0 & $ & 1,930,000 \\ \hline \end{tabular} Complete the alternate method of calculating the Self-Supporting Growth Rate Forecasted Growth Rate 5.00% AFN Problem 9-4 \begin{tabular}{|l|rr|} \hline \multicolumn{2}{|c|}{ INPUT } & \\ \hline Sales 2021 & $ & 5,000,000 \\ \hline Assets 2021 & $ & 2,500,000 \\ \hline Notes payable 2021 & $ & 300,000 \\ \hline Accounts payable 2021 & $ & 500,000 \\ \hline Accruals 2021 & $ & 200,000 \\ \hline Profit margin & & 7.0% \\ \hline Dividend payout ratio & 80.0% \\ \hline \end{tabular} \begin{tabular}{|l|rr|} \hline \multicolumn{2}{|c}{ OUTPUT } & \\ \hline Self Supporting Growth Rate & & 3.63% \\ \hline M(1POR)S0 & $ & 70,000 \\ \hline A00L0M(1POR)S0 & $ & 1,930,000 \\ \hline \end{tabular} Complete the alternate method of calculating the Self-Supporting Growth Rate Forecasted Growth Rate 5.00% AFNStep by Step Solution
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