AFN EQUATION Refer to Problem 16-1. What additional funds would be needed if the companys year-end 2014

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AFN EQUATION Refer to Problem 16-1. What additional funds would be needed if the company’s year-end 2014 assets had been $4 million? Assume that all other numbers are the same. Why is this AFN different from the one you found in Problem 16-1? Is the company’s “capital intensity” the same or different? Explain.

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