AFN equation

Broussard Skateboard’s sales are expected to increase by 25% from $7.2 million in 2019 to $9.00 million in 2020. Its assets totaled $3 million at the end of 2019.Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current liabilities were $1.4 […]

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