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Chua Chang & Wu Inc

Question 22

Multiple Choice

Chua Chang & Wu Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed (AFN) . Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year?


A) -$14,440
B) -$15,200
C) -$16,000
D) -$16,800
E) -$17,640

Correct Answer:

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