Clayton Industries is planning its operations for next year, and Ronnie Clayton, the CEO, wants you to forecast the firm's additional funds needed (AFN) . The firm is operating at full capacity. 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:
Verified
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