Why does the percent of sales approach produce a somewhat different AFN than the equation approach? Which

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Why does the percent of sales approach produce a somewhat different AFN than the equation approach? Which method provides the more accurate forecast?

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Financial management theory and practice

ISBN: 978-0324422696

12th Edition

Authors: Eugene F. Brigham and Michael C. Ehrhardt

Question Posted: Mar 26, 2010 12:20 AM

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Why does the percent of sales approach produce a somewhat different AFN than the equation approach? Which

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The difference occurs because the AFN equation method assumes that the pro...View the full answer

Financial management theory and practice

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