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Author Question: Which of the following best defines the term additional funds needed (AFN)? (Read 40 times)

moore.cailinf

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on: Aug 7, 2023
Which of the following best defines the term “additional funds needed (AFN)”?

◦

funds that a firm must raise externally from nonspontaneous sources, i.e., by borrowing or by issuing new shares to support increased sales


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a forecasting approach that forecasts the complete set of financial statements 


◦

funds that are obtained internally from spontaneous liabilities and retained earnings


◦

the amount of internally generated cash in a given year minus the increase of retained earnings

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by moore.cailinf on Aug 7, 2023

kaynelson17

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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moore.cailinf

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Reply 2 on: Aug 7, 2023
Excellent

EAN94

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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