Question: c . Use the AFN equation shown below to forecast MicroDrive's additional funds needed for the coming year to support the company's growth. ( hint:

c. Use the AFN equation shown below to forecast MicroDrive's additional funds needed for the coming year to support the company's growth. (hint: AFN =(A_(0)^(**)//S_(0))(DeltaS)-(L_(0)^(**)//S_(0))(DeltaS)-(M)(S_(1))(1- payout )- new common stock) d. Explain how the following factors affect the company's external capital requirements: i. payout ratio ii. capital intensity iii. profit margin e. Calculate the required level of fixed assets for MicroDrive's Inc. if the company operates at no excess capacity with full capacity sales of $8 million in 2023. f. Define the term self-supporting growth rate. Determine the self-supporting growth rate for MicroDrive Inc. MicroDrive Inc. is planning to go public by listing on the NYE. The company will be managed by professional executives who are not owners of the corporation. This might create agency-related problems and conflict of interest among the various stakeholders. g. Explain agency relationship and agency costs to the owners of MicroDrive Inc. harm a firm's value. i. What is corporate governance? List five corporate governance provisions that are internal to a firm and under its control.
c . Use the AFN equation shown below to forecast

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