Use the book to answer attached file by referring to below learning objectives
Text: Fundamentals of Financial Management, 13th Edition (2013)
Learning Objective 2.1: Describe the short-term financing options available to finance a company’s expansion plans.:
Learning Objective 2.2: Analyze the advantages and disadvantages of short-term financing sources.:
Learning Objective 5.1: Calculate AFN.: Follow this formula:
AFN = (A*/So)(change in sales) – (L*/So)(change in sales) – (profit margin)(forecasted sales)(retention ratio)
For example, (A*/So)(change in sales)
= [(3,000,000/5,000,000)*1,000,000]
Complete the rest of the formula likewise.
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