Refer to Problem 9-1. What would be the additional funds needed if the company's year-end 2012 assets
Question:
Refer to Problem 9-1. What would be the additional funds needed if the company's year-end 2012 assets had been $7 million? Assume that all other numbers, including sales, are the same as in Problem 9-1 and that the company is operating at full capacity. Why is this AFN different from the one you found in Problem 9-1? Is the company's "capital intensity" ratio the same or different?
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AFN 1200000 1200000 00692000001 04 08751200000 135000 331200 1050000 466200 ...View the full answer
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MICHAEL KICHE
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Related Book For 
Intermediate Financial Management
ISBN: 978-1111530266
11th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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