In calculating efn; i have a company who is operating at full capacity sales, with fixed assets at 100%. Sales increase by 20% and so does costs and current assets, we use long term debt as a plug variable. How do we go about finding fixed assets? And how do we use long term debt as the plug.

Answer rating: 100% (QA)

To calculate the External Financing Needed EFN for a company operating at full capacity sales you need to determine the changes in various components ... View the full answer