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Which of the following assumptions is embodied in the AFN equation? Common stock and long-term debt are tied directly to sales. O Last year's total
Which of the following assumptions is embodied in the AFN equation? Common stock and long-term debt are tied directly to sales. O Last year's total assets were not optimal for last year's sales. O Fixed assets, but not current assets, are tied directly to sales. O All balance sheet accounts are tied directly to sales. Accounts payable and accruals are tied directly to sales.
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