A firm forecasts sales of 750,000 with spontaneous account percentages of : Cash 11%A/R


A steadfast forecasts sales of 750,000 delay self-generated recital percentages of :

Cash 11%



Inventory 13%

A/P 14%

PPE 210,000

The society has crave promise liability of 120,000 and equity of 85,000

It estimates income at 55,000, What is the DFN?

Answer :85,000

I perceive that DFN=Assets-Liabilities-Equity

Please help

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