Question: How do I set this problem up in BA II PLUS TI calculator below? Solve this problem below. What is the correct answer and show

How do I set this problem up in BA II PLUS TI calculator below? Solve this problem below. What is the correct answer and show the answer below? ABC Company is planning its operations for next year, and as its CFO, you will need to forecast the company's additional funds needed (AFN) based on the following data. Dollars are in millions. Last year's sales = $364 Last year's accounts payable = $50 Sales growth rate = 30% Last year's notes payable = $50 Last year's total assets = $505 Last year's accruals = $30 Last year's profit margin = 5.22% Target payout ratio = 60% Your company is operating at full capacity. Based on the AFN formula and the Percentage of Sales method, what is the AFN for the coming year? a. $118.27 b. $119.06 c. $117.62 d. $116.38 e. $120.20

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