Question: AFN Formula Refer to Problem 9-1. What would be the additional funds needed if the companys year-end 2009 assets had been $4 million? Assume that

AFN Formula Refer to Problem 9-1. What would be the additional funds needed if the company’s year-end 2009 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 9-1? Is the company’s “capital intensity” the same or different?

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