Beasley Industries' sales are expected to increase from $ 5 million in 2 0 1 7 to
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Question:
Beasley Industries' sales are expected to increase from $ million in to $ million in or by Its assets totaled $ million at the end of Beasley is at full capacity, so its assets must grow in proportion to projected sales. At the end of current liabilities are $ consisting of $ of accounts payable, $ of notes payable, and $ of accrued liabilities. Its profit margin is forecasted to be and its dividend payout ratio is Using the AFN equation, forecast the additional funds Beasley will need for the coming year. Round your answer to the nearest dollar. Do not round intermediate calculations.
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