Question
What is the most correct implication of the additional funds needs (AFN)? If AFN is negative, then you must secure additional financing. If AFN is
What is the most correct implication of the additional funds needs (AFN)?
| If AFN is negative, then you must secure additional financing. | ||
| If AFN is negative, then you have extra funds to pay off debt. | ||
| If AFN is positive, then you have extra funds to buy some short-term investments. | ||
| If AFN is positive, then you have extra funds to repurchase additional new stock. |
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Global Finance And Development
Authors: David Hudson
1st Edition
0415436354, 978-0415436359
