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Business, 06.08.2019 23:20 nculberson6

Your firm recorded sales for the most recent year of $10 million generated from an asset base of $7 million, producing a $500,000 net income. current year accounts payable and accrued liabilities provided spontaneously generated funds of $200,000. sales are projected to grow at 20%. in the most recent year, $200,000 was paid out as dividends, and the current payout ratio will continue in the upcoming years. what is your firm’s afn?

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