$$40/$ $$680$

Question $39$

$2$ pts

Jay's Custom Detailing LLC forecasts a dramatic increase in sales next year.

The CFO is worried that the firm will need additional funds $($AFN$)$ to facilitate the growth in sales, based on current assets and liabilities in place.

If the profit margin is forecast to INCREASE, what would be the impact on the AFN?

Trick question. Profit Margin is NOT part of the AFN equation

Decrease AFN

Increase AFN

No impact on AFN

Ouestion $40$

$2$ pts