Multiple Choice Identify the choice that best completes the statement or answers the question 1. A firm has the following balance sheet Cash Accounts receivable Inventory Fixed assets s 20 20 20 180 Accounts payable Notes payable Long-term debt Common stock Retained earnings Total liabilities and equity s 20 40 80 80 20 240 Total assets $240 Sales for the assets were at optimal levels. Sales are expected to grow by 5 percent next year, the percent, and the dividend points) year just ended were $400, and fixed assets were used at 80 percent of capacity, but its current profit margin is 5 payout ratio is 60 percent. How much additional funds (AFN) will be needed?(3 a $4.6 b. -$6.4 (Surplus) C. $2.4 d. $4.6 (Surplus) e. $0.8