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Several fectors affect a firm's need for extemal funds. Evaluate the effect of each following factor and piace a check next to each factor that
Several fectors affect a firm's need for extemal funds. Evaluate the effect of each following factor and piace a check next to each factor that is likely to increase a firm's need for external capital-that is, its AFN (addibonal funds needed), Check all that apply. The firm's inventory tumover decreases, with no effect on the sales forecast and the cost of goods sold as a percentage of sales. The firm increases its dividend payout ratio. The firm improves its production system and increases its profit margin. Accounts payable and accrued habilities represent obligabons that the firm must pay off. Assuming everything else hoids constant, if they increase, the firm's AFN will
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