What is the AFN for the coming year using the info below? The firm is operating at
Fantastic news! We've Found the answer you've been seeking!
Question:
What is the AFN for the coming year using the info below?
The firm is operating at full capacity.
Last year's sales = S0 $200,000
Last year's accounts payable $50,000
Sales growth rate = g 40%
Last year's notes payable $15,000
Last year's total assets = A0*$132,500
Last year's accruals$20,000
Last year's profit margin = PM20.0%
Target payout ratio 25.0%
Posted Date: