What is the most correct implication of the additional funds needs (AFN) ________ If AFN is negative, then you must secure additional financing. If AFN is negative, then you have extra funds to pay off debt. If AFN is positive, then you have extra funds to buy some short-term investments. If AFN is positive, then you have extra funds to repurchase additional new stock.
What is the most correct implication of the additional funds needs (AFN) ________ If AFN is negative, then you must secure additional financing. If AFN is negative, then you have extra funds to pay off debt. If AFN is positive, then you have extra funds to buy some short-term investments. If AFN is positive, then you have extra funds to repurchase additional new stock.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
A3)
Finance
1. What is the most correct implication of the additional funds needs (AFN) ________
If AFN is negative, then you must secure additional financing.
If AFN is negative, then you have extra funds to pay off debt.
If AFN is positive, then you have extra funds to buy some short-term investments.
If AFN is positive, then you have extra funds to repurchase additional new stock.
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