Question: answer in excel, show all equations Q1 Internal financial planners forecast Wooten Sims LLC's sales to increase by 4% next year Current sales are $562

answer in excel, show all equations

Q1 Internal financial planners forecast Wooten Sims LLC's sales to increase by 4% next year
Current sales are $562 million
Total operating assets in the current period are 1,200 million ($1.2 billion)
In the current period, short term debt is $75 million, accounts payable is $80 million, and accruals are $100 million
The firm's profit margin is 15% and expected to remain stable
The firm pays out 60% of its earnings each period as dividends
Q1a Under the current forecast, what is the dollar amount of Additional Funds Needed?
Q1b How much external capital would the firm have to raise to make the plan work?
Q1c Does the forecast seem reasonable based on the AFN value and what you know about the size of the firm?

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