Question





Which method do you think is best for your place of employment-the AFN equation or the projected balance sheet/income stateme
0 0
Add a comment Improve this question Transcribed image text
Answer #1

AFN equations shows the increase in assets in future years as against the increase in liabilities. In AFN equation as well as Projected balalnce sheet the assets grows at a more or less same rate.

For the purpose of financing the operations it is advisable to provide projected income statement and balance sheet rather than a AFN equation.As along with assets and liabilites it s equally important to understand the revenue i.e sales of the organisation. As it gives a clear and better scenario to understand how well a business is performing .and is the business in a position to repay or not

Add a comment
Know the answer?
Add Answer to:
Which method do you think is best for your place of employment-the AFN equation or the...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT