Sheboygan bratwurst inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year?
spotaneous assets= $135,000
spontaneous liabilities= 70,000
sales growth=40%
sales= $200,000
profit margin= 20%