Blockbuster is a North American video and DVD sales and rental chain.Use the equation approach and Blockbuster's financial statement for Year 2 to calculate additional funds needed (AFN) in Year 3.Assume that sales in Year 3 will be $5.67336 billion.Assume a 0% dividend payout rate.
Blockbuster Inc.
Income Statement and Balance Sheet
As of December 31,Year 2 ($000's) 
A) -$225.363 million
B) $63.243 million
C) $125.363 million
D) $189.900 million
E) $299.990 million
Correct Answer:
Verified
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