The term ‘additional funds needed (afn)’ is generally defined as follows: a. the amount of internally generated cash in a given year
The term “additional funds needed (afn)” is generally defined as follows: a. the amount of internally generated cash in a given year minus the amount of cash needed to acquire the new assets needed to support growth. b. the amount of assets required per dollar of sales. c. a forecasting approach in which the forecasted […]
