Cold Duck Manufocturing ine reported sales of $820,000 at the end of last year; but...

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Cold Duck Manufocturing ine reported sales of $820,000 at the end of last year; but this year, sales are expected to grow by 9%. Cold Duck expects to maintain its current profit margin of 24% and dividend payout ratio of 20%. The firm's total assets equaled $425,000 and were operated at full capacity. Cold Duck's balance sheet shows the following current liablities: accounts payable of $80,000, notes payable of $25,000, and accrued liabilities of $65,000. Bosed on the AFN (Additional Funds Needed) equation, what is the firm's AFN for the coming yeor? $139,090$146,410$131,769$175,692 A posituvely signed AFN value represents a point at which the funds generated within the fim equal the demands for funds to finance the frms future expected sales requirements. a shortage of internally generated funds that must be ralsed outside the company to finance the companys forecasted future growth. a surplus of internally generated funds that can be invested in physical or nnancial assets or poif cut as additional dividends: Because of its excess funcs, Cold Duck Manufacturing Inc, is thinking about roising its eividend payout robto to satisfy shareholdens Cold Duck coulit pay out of its eamings to shereholders without needing to raise any evtemal captal. (Hint. What can cold ouck increase its dividend peyout fatio to before the NEN becomes poritive

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