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You have the following data for ABC Inc. Total Assets $10,000,000 Spontaneous Liabilities $200,000 Sales $20,000,000 Forecasted Sales for the Coming Year $23,000,000 Profit Margin
You have the following data for ABC Inc.
| Total Assets | $10,000,000 |
| Spontaneous Liabilities | $200,000 |
| Sales | $20,000,000 |
| Forecasted Sales for the Coming Year | $23,000,000 |
| Profit Margin | 8% |
| Dividend Payout Ratio | 60% |
Using the Additional Funds Needed (AFN) equation, calculate the additional funds that will be needed by ABC next year.
| $76,400 |
| $9,600 |
| $46,400 |
| No additional funds will be needed |
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The Private Equity Toolkit A Step By Step Guide To Getting Deals Done From Sourcing To Exit
Authors: Tamara Sakovska
1st Edition
1119697107, 978-1119697107
