Quiz Ch 16 – T/F Calculating Additional Funds Needed (AFN) and Its Components

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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True or false: To calculate Additional Funds Needed (AFN), subtract the expected increase in liabilities (a source of funds) from the sum of expected increases in retained earnings and assets (both uses of funds).

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  • Search Terms: a. b. false true (afn), a additional amount and are assets, both determine earnings expected from funds funds, funds. in increase increases liabilities, may needed of represents retained source subtract sum the to uses which you
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