What would the additional funds needed be if the companys year-end 2002 assets had been $4 million?

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What would the additional funds needed be if the company’s year-end 2002 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 11-1? Is the company’s “capital intensity” the same or different?

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Corporate Finance A Focused Approach

ISBN: 9780324180350

1st Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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