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Your firm recorded sales for the most recent year of $ 1 0 million generated from an asset base of $ 7 million, producing a

Your firm recorded sales for the most recent year of $10 million generated from an asset base of $7 million, producing a $500,000 net income. Sales are projected to grow at 20%, causing spontaneous liabilities to increase by $200,000. In the most recent year, $200,000 was paid out as dividends, and the current payout ratio will continue in the upcoming years. What is your firm's AFN?
a. $200,000
b. $840,000
c. $960,000
d. $600,000
Please provide me with the equation for the BA2 Plus calculator method.

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