Growth rate used in forecasting the sales in formula in computing the Additional Funds Needed should be the same as the growth rate for the asset. true or false  Additional Funds Needed is the amount of internal capital necessary to acquire the required assets true or false

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter9: Corporate Valuation And Financial Planning
Section: Chapter Questions
Problem 1Q: Define each of the following terms: Operating plan; financial plan Spontaneous liabilities; profit...
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Growth rate used in forecasting the sales in formula in computing the Additional Funds Needed should be the same as the growth rate for the asset.

true or false 

Additional Funds Needed is the amount of internal capital necessary to acquire the required assets

true or false 

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