Bookmark After adding a new line of widgets, Worldwide expects all assets and current liabilities to shrink with sales. the company has sales for the year just ended of $20 million. The company also...

Bookmark After adding a new line of widgets, Worldwide expectsall assets and current liabilities to shrink with sales. thecompany has sales for the year just ended of $20 million. Thecompany also has a profit margin of 20 percent, a return ratio of25 percent, and expected sales of $18 million next year.

Assets                                                                             Liabilities and Equity

Current assets$2,500,000                                                                     Current Liabilites      $1,250,000

Fixed Assets    $3,500,00                                                                        Long term debt       $1,500,000                                                                                                       Equity                     $3,250,000

TotalAssets               $6,000,000

Total liabilities and equity     $6,000,000

Worldwide Widgets shows the following on its balance sheet. Whatamount of additional funds (AFN) will worldwide need from externalsources to fund the expected growth? What does the AFN show?

May 14, 2022
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