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3. The firm also wishes reduce its Debt/Equity ratio to a level not to exceed of 2 to 1 and improve its current ratio

3. The firm also wishes reduce its Debt/Equity ratio to a level not to exceed of 2 to 1 and improve its current ratio to a level not below 2 to 1. How will AFN needed calculated for Question 2 above be allocated between Notes Payable, Long Term Debt, and/or newly issued Common Stock?

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