2. A firm has the following balance sheet: Accounts pavalactoz 1et Pas3 Last Factor 'tPass...
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2. A firm has the following balance sheet: Accounts pavalactoz 1et Pas3 Last Factor 'tPass Cash Accounts receivable 10 Inventories Fixed assets s 10 20 40 40 s 10 Notes payable Long-term debt Common stock Retained earnings 10 90 Total assets Total liab.& equity $120 Fixed assets are being used at 90 percent of capacity; sales for the year just ended were $200; sales will increase $20 per year for the next 4 years; the profit margin is 5 percent; and the dividend payout ratio is 60 percent. Assume that fixed assets cannot be sold. Show calculations (other than the balance sheet) below: a. What are the total external financing requirements for the entire 4 years, i.e., he total AFN for the 4-year period
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