Question: Using the expanded formula and the table above, calculate the additional funds needed. (AFN) Total assets Current liabilities Sales Earnings after taxes Dividends 2019

needed. (AFN) Total assets Current liabilities Sales Earnings after taxes Dividends 2019

Using the expanded formula and the table above, calculate the additional funds needed. (AFN) Total assets Current liabilities Sales Earnings after taxes Dividends 2019 6,000,000 1,200,000 12,000,000 600,000 150,000 2020 7,200,000 1,440,000 14,400,000 720,000 150,000

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