The ceo of the smith group is initiating planning for the, Financial Management

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The ceo of the smith group is initiating planning for the

Charles Smith, the CEO of the Smith Group, is initiating planning for the company's operations next year, and he 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. $121.72 $123.54 $118.08 $122.18 $119.90

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