Is the AFN as calculated using the forecasted financial statements method, with all the ratios held constant,

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Is the AFN as calculated using the forecasted financial statements method, with all the ratios held constant, the same (except for rounding errors) as the AFN found using the AFN equation? Explain.

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Financial Management Theory And Practice

ISBN: 9781439078105

13th Edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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