Question
Sales last year = $2,600,000 Asset, investment = $2,000,000 Net Income = $760,000 Current Assets = $720,000 Fixed Assets = $880,000 Accounts Payable = $488,000
Sales last year = $2,600,000
Asset, investment = $2,000,000
Net Income = $760,000
Current Assets = $720,000
Fixed Assets = $880,000
Accounts Payable = $488,000
Accrued Liabilities = $332,000
Projected next year sales = $3,080,000
From the information provided for a venture firm, calculate Additional Funds Needed (AFN).
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Money Management And Financial Budgeting 2 Books In 1 A Beginners Guide On Managing Bad Credit Debt Savings And Personal Finance
Authors: Robert Anderson
1st Edition
1386959006, 978-1386959007
