Business, 19.03.2020 20:15, genyjoannerubiera

15. Splash Bottling's December 31st balance sheet is given below: Cash $ 10 Accounts payable $ 15 Accounts receivable 25 Notes payable 20 Inventory 40 Accrued wages and taxes 15 Net fixed assets 75 Sales during the past year were $100, and they are expected to rise by 50 percent to $150 during next year. Also, during last year fixed assets were being utilized to only 60 percent of capacity, so Splash could have supported $100 of sales with fixed assets that were only 85 percent of last year's actual fixed assets. Assume that Splash's profit margin will remain constant at 5 percent and that the company will continue to pay out 60 percent of its earnings as dividends. To the nearest whole dollar, what amount of nonspontaneous, additional funds (AFN) will be needed during the next year?

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15. Splash Bottling's December 31st balance sheet is given below: Cash $ 10 Accounts payable $ 15 Ac...