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Refer to problem 12-1. What would be the additional funds needed if the company's year-end 2013 assets had been $7M? Assume that all other numbers,
| Refer to problem 12-1. What would be the additional funds needed if the company's year-end 2013 assets had been $7M? Assume that all other numbers, including sales, are the same as in Problem 12-1 |
and that the company is running at full capacity. What is the AFN different from the one you found in Problem 12-1? Is the company's "capital intensity" ratio the same or different? |
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
4th Edition
1439078084, 978-1439078082
