Question: The term additional funds needed ( AFN ) is generally defined as followa Funds that are obtained automatically from routine business tramostions The amount

The term "additional funds needed (AFN)" is generally defined as followa
Funds that are obtained automatically from routine business tramostions
The amount of internally generated cash in a given year mims the mont foad needed to acquire the new assets needed to support growth
A. forecasting approach in which the forecasted percentige of slos fir eat thane sheet account is held constant.
The amount of assets required per dollar of sales.
Funds that a firm must taise externally from non-spontaneols sarmes ic. br borrowing of by selling nell stock to support operations
The term "additional funds needed ( AFN ) " is

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