The company Jalil Corp is planning its operations in the

The company Jalil Corp is planning its operations in the coming year and the board of directors asked you to prepare a forecast regarding the Additional Fund Needed. The company operates at full capacity. The data used for the calculation of forecasting funding requirements is below. The Board of Directors plans a change in dividend policy, initially the Payout Ratio of 10% was increased to 50%.


Question

How much is the need for additional funds in the coming year based on the AFN (Additional Fund Needed) approach, if the dividend policy changes from a Payout Ratio of 10% to 50%?

Last year\'s sales = S0 = IDR 300.
Accounts payable last year was IDR 50.-
Sales growth rate = g = 40%
Notes payable last year was IDR 15.0
Last year\'s total assets = A0 * = IDR 500.0
Last year\'s accruals were IDR 20.0
Last year\'s profit margin = PM = 20.0%
Last year\'s payout ratio = 10.0%

Make an analysis and discuss the financial conditions above!


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