Question: please help. Show all the calculation. The Additional fund needed formula is in the second picture. Please follow all the instructions. 18. Suppose in 2023

18. Suppose in 2023 , Tyson's Net Sales is expected to grow at 12%, using the Additional Fund Needed (AFN) formula calculate Tyson AFN to support its 12\% growth using its status quo in 2022. And then, given your calculated AFN, suppose that Tyson decides to fund all its projected AFN by issuing new Long-term Debt, calculate the projected Total Liabilities-to-Total Asset ratio for Tyson in 2023. (Cash dividends during 2022 is $153, the same units as stated in financial statements) ( 5 points) TO FQRECAST FINANCIAL STATTMONTS WENEED TO ESTIMATE NERSALES, 6 aO WTth AFTKE WE HAVESNLES GrowTH FRRECNET =g THAN WE CAN FORECAST FINANEIAL STATENONTS USin6 2 common METHODS (1) ADDITIONAL FIND NETOED (AFN) METAOD (2) Forecasted FNANCLIALSTATHMENT (FFS) METHOD. Focus on AFN METTIOD: AFN INDICATES HOW MUCCH ADDITIONAL CAPITAL NEEDED To SNPPORT PROJETTED FinM's sales Growitr (g) AFN=S0A(S)S0L(S)PMS1(1POR)A=SPONTHNEOUSASSTA(=T0TL+ASETS) A= SPonthificos ASSETS (= TOTALASSETS)
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