Bundle: Fundamentals of Financial Management, Loose-leaf Version, 14th + LMS Integrated for MindTap Management, 2 terms (12 months) Printed Access Card
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Chapter 17, Problem 2P

AFN EQUATION Refer to problem 17-1. What additional funds would be needed if the company’s year-end 2015 assets had been $4 million? Assume that all other numbers are the same. Why is this AFN different from the one you found in problem 17-1? Is the company’s “capital intensity” the same or different? Explain.

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