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You think you may need some external funding for your venture so you create projections to calculate Additional Funds Needed ( AFN ) . Your

You think you may need some external funding for your venture so you create projections to calculate Additional Funds Needed (AFN). Your projections indicate the following:
Current Assets $ 760,000
Long Term Assets $ 1,250,000
Current Liabilities $ 450,000
Long Term Liabilities $ 900,000
Equity $ 400,000
Based on these, what is your AFN?

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