BA350 Financial Management: 14-2 Refer to Problem 14-1. What would be the additional funds needed

BA350 Financial Management

14-2 AFN Formula
Refer to Problem 14-1.
What would be the additional funds needed if the company’s year-end 2007 assets had been $4 million?
Assume that all other numbers are the same. Why is this AFN different from the one you found in Problem 14-1?
Is the company’s “capital intensity” the same or different?
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