Atteringts $5$

Keep the Highest $\frac{5}{10}$

$3.$ Problem $17\mathrm{.}03($AFN Equation$)$ margin is forecasted to be $4\%.$ should be entered as $5,000,000.$ Round your answer to the nearest dollar. $

b$.$ Why is this AFN different from the one when the company pays dividends?

I. Under this scenario the company would have a lower level of retained earnings, which would increase the amount of additional funds needed.

II$.$ Under this scenario the company would have a lower level of retained earnings, which would decrease the amount of additional funds needed.

III. Under this scenario the company would have a higher level of retained earnings, which would reduce the amount of additional funds needed.

IV$.$ Under this scenario the company would have a higher level of retained earnings, which would reduce the amount of assets needed.

V$.$ Under this scenario the company would have a higher level of spontaneous liabilities, which would reduce the amount of additional funds needed.