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3 and 4 idends credited to their accounts QUESTION 3 Denton Company is a no-growth firm. Its sales fluctuate seasonally, causing total assets to vary
3 and 4
idends credited to their accounts QUESTION 3 Denton Company is a no-growth firm. Its sales fluctuate seasonally, causing total assets to vary from $234,000 to $292,000, but fixed assets remain constant at $140,000. If the firm follows a maturity matching.Cor moderate) working capital financing policy, what is the most likely total of long-term debt plus equity capital? a $234,000 b.$260,000 O c. $300,000 Od. $245,000 Oe $200,000 QUESTION 4 1 The term "additional funds needed (AFN)" is generally defined as follows O a A forecasting approach in which the forecasted porditage of sales for each balance sheet account is hold constant O b. Funds that a firm must raiso externally from non-spontaneous sources, ie, by borrowing or by selling new stock, to support operations, Oc. The amount of internally generated cash in a given yoar minus the amount of cash needed to acquire the new assets needed to support growth d. Funds that are obtained automatically from routine business transactions e. The amount of assets required por dollar of sales Step by Step Solution
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