Question: Refer to Problem 16-1 and assume that the company had $3 million in assets at the end of 2008. However, now assume that the company

Refer to Problem 16-1 and assume that the company had $3 million in assets at the end of 2008. However, now assume that the company pays no dividends. Under these assumptions, what additional funds would be needed for the coming year? Why is this AFN different from the one you found in Problem 16-1?

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