If the key ratios are expected to remain constant, the AFN equation can be used toforecast the need for external funds. Write out the equation and explain its logic.

Financial Management: Theory & Practice
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ISBN:9781337909730
Author:Brigham
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Chapter12: Corporate Valuation And Financial Planning
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If the key ratios are expected to remain constant, the AFN equation can be used to
forecast the need for external funds. Write out the equation and explain its logic.

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