Purchase Solution

Aadditional funds needed (AFN)

Not what you're looking for?

Ask Custom Question

The term "additional funds needed (AFN)" is generally defined as:

A Funds that are obtained automatically from routine business transactions.
B Funds that a firm must raise externally from non-spontaneous sources, i.e., through borrowing or by selling new stock, to support operations.
C The amount of assets required per dollar of sales.
D The amount of internally generated cash in a given year minus the amount of cash needed to acquire the new assets needed to support growth.
E A forecasting approach in which the forecasted percentage of sales for each balance sheet account is held constant.

Purchase this Solution

Solution Summary

Response defines additional funds needed (AFN)

Purchase this Solution


Free BrainMass Quizzes
Motivation

This tests some key elements of major motivation theories.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.