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  3. 2. more on the arn (addetional i ands needed) equa

2. More on the ArN (Addetional I ands Needed) equation fuzry Button Clothang Company reported...

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2. More on the ArN (Addetional I ands Needed) equation fuzry Button Clothang Company reported sales of $890,000 at the end of last year; but this yeac, sales are eapected ta aruw by TTw, Fwrry Aumin full capacity. Furzy thutton'k halance sheet shoms the following current labilities: accounts payable of 160,000 , notes payable of sso, 600 , ard acorient A negatively signed AfN valare repersents: A pount at which the funds genesated within the firm equal the demands for funds to finance the firmis futiarte evpected sales requiremterits. A surplus of internally generated funds that can be imvested in physical or finanicial assets or paid out as additional dividenda. A shortage of intemally perverated funds that must be rarsed outsule the company to finance the company's forecested future arimik

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