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Additional Funding Needed (AFN) or External Funding Needed formula Suppose Blink and Nod Eye Wear, Inc. calculated its AFN to be -5,000,000. What does this

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Additional Funding Needed (AFN) or External Funding Needed formula Suppose Blink and Nod Eye Wear, Inc. calculated its AFN to be -5,000,000. What does this mean and how should it be accounted for on the proforma statements? O Deficit - the firm needs to borrow and should add the deficit to notes payable or loans. O Surplus - the firm over borrowed and should add the surplus to the notes payable O Surplus the firm over borrowed and should add the surplus to the cash account Submit

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