Clayton Industries is planning its operations for next year. Ronnie Clayton, 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? Dollars are in millions.
A) $102.8
B) $108.2
C) $113.9
D) $119.9
E) $125.9
Correct Answer:
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