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. More on the AFN (Additional Funds Needed) equation Fuzzy Button Clothing Company reported sales of $890,000 at the end of l
Based on the AFN equation, the firms AFN for the current year is A negatively-signed AFN value represents: A point at which
negatively-signed AFN value represents: A point at which the funds generated within the firm equal the demands for funds to f
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solution: Part a: AFN = ((A0/S0) x (S1-SO)) - (LO/SO) X (S1-SO)) - (M)(1)(b) M=Profit margin b=retention ratio = 1- payout ra

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